Liquidation

July 2009: Three banks that loaned Michael Mastro money petition to force him into Chapter 7 bankruptcy involuntarily. After at first resisting, Mastro agrees, initially reporting liabilities of $587 million and assets of $249 million.

The company, Konarka Technologies, “filed for Chapter 7 bankruptcy protection and will cease operations, lay off its 85 workers and liquidate”: “Konarka has been unable to obtain additional financing, and given its current financial ...

LOWELL -- Konarka Technologies Inc., a developer of thin-film solar panels that has its roots at UMass Lowell, announced on its website Friday that has filed for Chapter 7 bankruptcy protection. The company has raised nearly $200 million in its ...

Copenhaver filed for Chapter 11 bankruptcy Dec. 7, according to a notice that attorney Michael D. Lorensen filed last week with the circuit court. The notice asks the state court to observe federal statute and take no action in the wrongful ...

LOWELL, Mass.--(BUSINESS WIRE)--Konarka Technologies, Inc., a leading developer of thin-film solar panels, has filed for bankruptcy protection under chapter 7 of the Federal bankruptcy laws. Under chapter 7 proceedings, the company’s operations cease and ...