“Psystar, the company Apple is suing for allegedly building and selling Mac clones without authorization, has been granted its motion to dismiss its Chapter 11 bankruptcy case in Florida. The Judge overseeing the case, however, included the stipulation that if Psystar files for Chapter 7 bankruptcy protection Apple’s case against the company in California will not be subject to an automatic stay,” Jeff Gamet reports for The Mac Observer.
“According to the court order, Psystar has also been blocked from filing for Chapter 11 bankruptcy protection for six months, and Judge Mark, the Judge overseeing the company’s bankruptcy case, is maintaining jurisdiction over the case so he can enforce the terms of his order,” Gamet reports.
Gamet reports, :”An attorney familiar with this type of case told The Mac Observer, ‘What this means is that Psystar won’t be able to use either Chapters 11 or 7 of the Bankruptcy Code to avoid trial in Judge Alsup’s court, for if at the conclusion of six months proceedings are still going forward in Judge Alsup’s court, I am certain that Judge Mark will not allow Psystar the protection of the Automatic Stay, should it file another Chapter 11 case.’”
Full article here.
[Thanks to MacDailyNews Reader "James W." for the heads up.]