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Technology Stocks : NUKO INFORMATION SYSTEMS -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (3451)5/18/1998 6:09:00 PM
From: Thomas Scharf  Read Replies (1) | Respond to of 3509
 
*******NUKO FILES CHAPTER 11********

From NUKO 8K filing, May 14, 1998

Item 3 Bankruptcy or Receivership

On April 24, 1998, NUKO Information Systems, Inc., a Delaware corporation (the "Registrant" or the "Company") filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Northern District of California, San Jose Division. The Company filed for protection from creditors and for reorganization upon its
determination that all other feasible alternatives had been eliminated. The Company anticipates continuation of its day-to-day business under the protection of the Bankruptcy Court as Debtor-In-Possession. The Company's petition was assigned Case No. 98-53256-ASW before The Honorable Arthur S. Weissbrodt.