In November, Jeoffrey Burtch, the Chapter 7 Trustee in the AE Liquidation bankruptcy (formerly “Eclipse Aviation”), began filing preference actions against various creditors of Eclipse. Eclipse Aviation began as a
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Eclipse Aviation bankruptcy
Decision in Eclipse Aviation Addresses Subject Matter Jurisdiction of the Bankruptcy Court
By Fox Rothschild LLP & Fox Rothschild LLP on
Introduction
On August 4, Judge Mary F. Walrath issued an opinion in the Eclipse Aviation bankruptcy that discusses the scope of the Court’s subject matter jurisdiction. This issue – the…
Continue Reading Decision in Eclipse Aviation Addresses Subject Matter Jurisdiction of the Bankruptcy Court
Small Jet Manufacturer, Eclipse Aviation, Files for Bankruptcy
By Fox Rothschild LLP on
Eclipse Aviation, the New Mexico manufacturer of small jet aircraft, filed for bankruptcy in Delaware on November 25, 2008. As stated in the Affidavit in Support of Eclipse’s Bankruptcy Motions, Eclipse was started 10 years as a manufacturer of aircraft ideal for individual pilots, small companies seeking corporate aircraft and air taxi services serving smaller hubs. In order to produce affordable aircraft, Eclipse created a "manufacturing strategy" based upon low production costs and high volume. Continue Reading Small Jet Manufacturer, Eclipse Aviation, Files for Bankruptcy