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(AFX UK Focus) 2008-12-02 12:49 UPDATE 1-Artes Medical files for Chapter 7 bankruptcy
(Recasts; adds details) Dec 2 (Reuters) - Artes Medical Inc, which makes dermal fillers used in cosmetic treatments, filed for Chapter 7 bankruptcy and plans to liquidate as it has been hit by a drop in consumer spending due to the severe economic downturn. The company, which on Nov. 21 said it may need to explore liquidation, believes its assets will be insufficient to satisfy the claims of all ...
http://www.iii.co.uk/news/?type=afxnews&...
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Entellium files for Chapter 11 bankruptcy protection
Entellium Corp., which saw its two top executives arrested and charged with wire fraud and lying to investors two months ago, has filed for Chapter 11 bankruptcy protection.
http://www.bizjournals.com/seattle/stori...
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Chapter 7 - Bankruptcy Basics
A chapter 7 bankruptcy case does not involve the filing of a plan of repayment ... To qualify for relief under chapter 7 of the Bankruptcy Code, the debtor may be ...
http://www.uscourts.gov/bankruptcycourts...
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