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Tech Bankruptcy
February 23, 2009
  More: Qimonda again,BroadRamp
About February 20, 2009, Qimonda Richmond, LLC, and its parent, Qimonda North America Corp., filed chapter 11 petitions in Delaware. The docket number is 09-10589. I wrote about Qimonda previously.

Online video delivery company, BroadRamp, Inc., filed a Chapter 7 bankruptcy recently, according to My San Antonio. I notice the website is still up and running. I also notice that they stopped issuing press releases back in April 2008. When a tech start-up stops issuing press releases it is usually a pretty clear sign that something is amiss with the cash flow.

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A blog discussing the impact of technology on bankruptcy law and practice.

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Warren E. Agin is a partner in Swiggart & Agin, LLC, a boutique law firm in Boston, Massachusetts focusing on the needs of technology companies. Mr. Agin heads its bankruptcy department. The author of the book Bankruptcy and Secured Lending in Cyberspace (3rd Ed. West 2005), Mr. Agin also chaired the ABA's E-commerce and Insolvency Subcommittee from 1999 to 2005.

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