Couldn't happen to a nicer bunch.
But it's still a death-knell in the project and company, as far as I can see. That new person is going to spend most of their time sorting out the mess and complying with the law and that's going to take weeks, which brings them right into IndieGoGo's threat deadline of seeking action against the payments people made towards the project.
"Administration" looms ever closer, I reckon. Sad if you had money invested in it, but to be honest if I had been one of those people, I'd have had a small claims action against this company over a year ago.