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Old 07-04-2009, 03:30 AM   #1
LXer
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Registered: Dec 2005
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LXer: Psystar set to leave Chapter 11


Published at LXer:

Embattled Mac cloner Psystar says it is ready to leave Chapter 11 protection. In a customer newsletter, Psystar officials say the company is ready to emerge from Chapter 11 protection, a provision of US bankruptcy law that allows a company to continue trading while it reorganises its affairs. "Although this [Chapter 11 protection] was critical to our continued daily operations, we are now ready to emerge and again battle Goliath.

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