Apple Punches Through Psystar's Ch. 11 Stay

Psystar filed for bankruptcy at the end of May, temporarily slowing down legal proceedings with Cupertino-based Apple. All legal actions involving Psystar were put on hold while the company began proceedings with bankruptcy courts.

Psystar’s Chapter 11 filing blamed mounting legal fees for having to file for bankruptcy in the first place. ChannelWeb reports that the company estimated its total debt at more than $250,000, about a third of which is payable to its legal firm Carr & Farrell.

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Jane McEntegart
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Jane McEntegart is a writer, editor, and marketing communications professional with 17 years of experience in the technology industry. She has written about a wide range of technology topics, including smartphones, tablets, and game consoles. Her articles have been published in Tom's Guide, Tom's Hardware, MobileSyrup, and Edge Up.