“Apple Computer faces a $57 million lawsuit from the liquidator of the collapsed retail chain Buzzle, who claims Apple was effectively in control of the company and instrumental in its rapid demise,” Michael West reports for The Australian.
“Buzzle, the subject of the ABC ‘fly on the boardroom wall’ documentary Going Public, went into receivership in March 2001 owing $30 million to 866 creditors. Apple, its major supplier, was owed $20 million,” West reports. “A spokesman for Apple Computer declined to comment on the action, which Apple is expected to defend vigorously.”
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