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All posts tagged "bankruptcy"


Friday, July 3, 2009

Psystar Back to Business, For Now at Least

Posted by Jeff Campbell in "Apple News" @ 12:00 PM

http://www.tuaw.com/2009/07/01/pyst...ing-applesauce/

"The infamous Mac-clone maker Psystar is apparently set to emerge from Chapter 11 bankruptcy, and it seems that they are planning on getting right back into their previous routine with a new hardware offering to boot."

Don't poke the bear comes to mind. But I guess when it's all you know, you go back to it. Psystar is just coming out of bankruptcy and instead of trying to figure out how they are going to get off the Apple radar, they offer some new hardware. Doesn't seem like a very solid business plan but perhaps they feel they can win, so they need to build up their legal defense fund.


Wednesday, May 27, 2009

Psystar Files for Bankruptcy

Posted by Jeff Campbell in "Apple News" @ 12:00 PM

http://arstechnica.com/apple/news/2...-bankruptcy.ars

"The now-beleaguered Mac cloner has filed for bankruptcy protection in federal court. Bankruptcy will put the suit with Apple on hold, and it's unclear if Psystar could continue to fund its case after the bankruptcy process is finished."

When we last checked in on the Psystar v. Apple situation, Psystar wasn't very forthcoming with information during the discovery phase of the lawsuit, incurring the wrath of the Judge. Guess that is all a moot point now that they are filing for Chapter 11 Bankruptcy. At least for now anyway; the temporary stay on the lawsuit proceedings can be lifted by the bankruptcy judge at any time, but I wonder if it will even matter. Could this be the final nail in the coffin of Psystar? Oh and Apple Legal Team? Don't worry about any slowdowns, I hear there is a company in Russian doing the same thing so it sounds like you will be kept busy!


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