human909 wrote:On the plus side it would seem they are now abandoned property and even deemed litter by the EPA. So surely it isn't stealing if you collect a few for yourself, it would just be another day of clean up Australia Day.
If they aren't paying deposits and litter fines then it's only a matter of time until administrators are appointed.
They will probably still claim ownership, since they are responsible for collecting every cent possible.
Perhaps they will declare any still on the street $0 though. Or create some system where people can buy one for $20 by submitting it's serial number.
I guess all their collected bikes, however many that is, will end up at an auction somewhere.
If they are bankrupt then any deal to give the bikes to another operator could face clawback recovery.