Monday, June 10, 2013

Reuters: Bankruptcy News: Electric car maker Miles Electric Vehicles files for bankruptcy

Reuters: Bankruptcy News
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Electric car maker Miles Electric Vehicles files for bankruptcy
Jun 11th 2013, 05:42

June 11 | Tue Jun 11, 2013 1:42am EDT

June 11 (Reuters) - U.S. electric car manufacturer Miles Electric Vehicles filed for chapter 11 bankruptcy early on Tuesday, court documents showed.

The company listed estimated assets in the range of $10 million to $50 million, and estimated liabilities of between $50 million and $100 million.

The case is in re Miles Electric Vehicles, Case No. 13-11511, U.S. Bankruptcy Court, District of Delaware.

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