Rocketplane in Bankruptcy

more+
less-

Rocketplane, a pioneer in the space tourism industry has filed for Chapter 7 bankruptcy protection last month in Wisconsin, where it relocated after shutting down its operations in Oklahoma. The company, started by CEO George French, was initially based in Oklahoma’s Will Rogers World Airport with its hangar at Oklahoma Spaceport in Burns Flat.

In addition to filing bankruptcy for Rocketplane, CEO French filed bankruptcy for himself also, plus 2 other associated companies, namely Rocketplane Global and Rocketplane Kistler. In bankruptcy papers, French was listed to have debts of about $8.2 million, Rocketplane’s debts amounted to some $3.7 million, Rocketplane Global debts came up to $2.6 million and finally Rocketplane Kistler owes about $7.4 million.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Tampa Bay Bankruptcy Center, P.A. | Attorney Advertising

Written by:

more+
less-

Tampa Bay Bankruptcy Center, P.A. on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×