Next-generation Lead Acid Battery Company Firefly Energy Shuts Down, Files for Chapter 7
Green Car Congress
MARCH 16, 2010
developer of a portfolio of next-generation lead-acid battery technologies ( earlier post ), has shut down and is filing for Chapter 7 bankruptcy (liquidation rather than reorganization as with Chapter 11). Several military contracts totaling more than $5 million weren’t enough to keep the company afloat. PJStar.com.
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