Bankruptcy

Quirky, Wink File Chapter 11; Flextronics Makes $15M Opening Bid for Home Automation Biz

By Julie Jacobson · September 22, 2015 • The once-promising home automation company Wink, launched by GE-backed Quirky, has filed Chapter 11 bankruptcy and is up for sale; Flextronics is the first bidder at $15 million for certain assets.

Ultimate Electronics’ Liquidation Offers 30% Discounts at All 46 Stores

By Jason Knott · February 15, 2011 • Liquidators expect merchandise to sell quickly as all 46 locations begin shutdown process.

Electronics Retailer Bernie’s Files Chapter 11

By Tom LeBlanc · January 15, 2010 • The New England-based 63-year-old chain plans to close its 15 stores. It hopes to launch a liquidation sale while honoring deposits and gift cards.

Nortek Emerges from Chapter 11

By Steve Crowe · December 18, 2009 • Parent company of several CE firms also has a $250 million asset-backed credit facility to use for general business operations.

Court Approves Nortek’s Chapter 11 Reorganization Plans

By Julie Jacobson · December 5, 2009 • Parent company of several CE firms "expects to emerge from bankruptcy as a reorganized company as expeditiously as possible."