Psystar Declares Bankruptcy
Posted in: Apple, Today's ChiliFlorida-based Psystar–the company best known for manufacturing Mac clones (or, at least attempting to) filed for Chapter 11 bankruptcy protection last Thursday, a move that no doubt has more than a little to do with Apple’s unwavering legal action against the company.
The filing will mark a hiatus in Apple’s suit, in order to move ahead with the bankruptcy. A hearing will begin on the case on June 5th. The stay in the lawsuit should be over in a matter of a few months, according to the presiding judge.
The hearing will reveal, among other things, any creditors who have helped fund the company, opening them up to litigation from Apple.
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