Reuters: Bankruptcy News: Battery maker A123 Systems files for bankruptcy protection

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Battery maker A123 Systems files for bankruptcy protection Oct 16th 2012, 13:18 Tue Oct 16, 2012 9:18am EDT Oct 16 (Reuters) - A123 Systems Inc, a lithium-ion battery maker backed by a U.S. government grant, filed for bankruptcy protection on Tuesday morning. The company listed total assets of $459.8 million and liabilities of $376 million, according to its Chapter 11 petition. The case is In re:A123 Systems Inc, U.S. Bankruptcy Court, District of Delaware, No:12-12859.

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