Posts Tagged A123 bankruptcy

Cutaway Of A 2014 Spark EV

A123 Defaults On Loan, Seeks Bankruptcy Protection

Battery maker A123 last night filed an SEC report stating that it expects to be in default under material debt agreements today.   And as such, today A123 and its U.S. subsidiaries filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware.   The exact source of the…

2 years ago by Jay Cole 16