Renewed contract probably *******

How in heck can Altech Autopage try and tie me into a new contract when they are about to go out of business?<br> <br> Surely this is *******? Certainly it is immoral.<br> <br> Also, should they not be advising me, their present client, how things will work post 29 February 2016 when it is reported they will indeed be out of business?