Baliffs at the front door, equipment out the back.
I was working for a company that went bust.
Baliffs appeared at the front door on a Friday afternoon, "negotiating" to get in while we removed customers hosted servers out the back door. We got those clients own servers up and running on the Saturady morning, DNS updated over night, not a bad effort.
Unfortunately other clients weren't so lucky, they got sold in days to another company who took over the same premises, were told to pay 5x the normal fee to keep their services up, if they didn't pay up, the remianing staff were told to ignore transfer requests and leave their services down until they paid.
The new company moved the clients and shut up within 6 months, the landlord who had called in the baliffs didn't get their money as the new lease hadn't been signed because of negotiating delays.
I didn't last that long, didn't like client's treatment so quit after a week or so. It was so funny when they realised they didn't have access to RIPE and couldn't control the network without my PGP keys, they missed the irony of their "customers" feeling the same panic.