I have to say, I'm rather surprised by the way SPT is handling this. Never mind the people who might be losing their jobs, or the fact they are keeping services running, they make a song and dance about not fulfilling the contract. Odd also how they were able to award an emergency contract so quickly - usually when an operator of that size fails there is a few days where things settle down, buses come in all sorts of shapes and sizes...
There is not a single word about the company ceasing travel on the SPT website: they have simply renamed the service provider in their timetables page and nothing more. Usually, local authorities want to make it clear to passengers that buses may be in a different colour, some journeys may not run, etc. Hendersons website is still live, and McGills have it as a "news" item with a list of services they've taken over.