Sales hearing for Eclipse Aviation assets set for Aug. 20

08/12/2009 |

A bankruptcy court has set Aug. 20 as the date for a sales hearing on the assets for the insolvent Eclipse Aviation very light jet company. The announcement follows trustee Jeoffrey Burtch's acceptance last week of a $40 million lead or "stalking horse" bid offered by Mason Holland's Eclipse Aerospace for the company's assets.

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