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IN RE GENERAL AERONAUTICS CORP.

Bankruptcy Number: 17-28510.

594 B.R. 442 (2018)

IN RE: GENERAL AERONAUTICS CORPORATION, Debtor.

United States Bankruptcy Court, D. Utah.

Signed December 4, 2018.

Attorney(s) appearing for the Case

Kenneth L. Cannon, II , Penrod W. Keith , Durham Jones & Pinegar, Salt Lake City, UT, for Debtor.

MEMORANDUM DECISION

General Aeronautics Corporation and other related companies have tried to build and market gyroplanes for over 30 years, but business has not been easy. Funding shortfalls have been common, and the company could not afford to pay employees their full compensation for significant...

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