Canopy Financial's Bankruptcy Filing

The beleaguered startup filed a petition for Chapter 11 last Wednesday -- the day before Thanksgiving -- in federal bankruptcy court in Chicago. Below are two of the court documents: The bankruptcy petition, whose long list of creditors includes Thomson Reuters, publisher of peHUB; and a 22-page declaration from Canopy's general counsel, Dan Stevenson, who offers some explanation of why the company filed. Lots of questions are unanswered though.

1 December 2009•1 min read
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