bankruptcy court Archives

Avnet, Inc. Acquires The Assets Of Nexicore Services

nexicore services electronic repair
by in Economy | Tech

Avnet, Inc. announced that it has completed its acquisition of substantially all of the operating assets of Hartford Computer Group, Inc. and its subsidiary Nexicore Services LLC (“Nexicore”) through a Section 363 sale process in the U.S. Bankruptcy Court in Chicago. Nexicore Services, which generated revenue of approximately US$85 million in the 2011 calendar year,… Read More →

The “B” Word-Bankruptcy isn’t always a bad thing

The "B" Word 2008

The word “bankruptcy” sends chills down the spines of many business owners and executives as they envision certain financial demise. But bankruptcy is no longer the frightening phenomenon it once may have been, particularly in the business realm. Chapter 11 bankruptcy has become an extremely useful business tool for a company to reorganize its operations,… Read More →