Eclipse Aviation last week laid the groundwork to sell its assets to its single largest shareholder, European Technology and Investment Research Center (ETIRC), under U.S. bankruptcy protections. Eclipse announced Tuesday that it had filed for Chapter 11 protection under the U.S. Bankruptcy Code and sought court approval for debtor-in-possession (DIP) financing and procedures for the sale of its assets under Section 363 of the Bankruptcy Code. The sale of all of Eclipse assets for a ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "ECLIPSE TO SELL ASSETS TO ETIRC UNDER BANKRUPTCY PROTECTION".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.