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AAIR > SEC Filings for AAIR > Form 8-K on 30-Jul-2013All Recent SEC Filings

Show all filings for AVANTAIR, INC

Form 8-K for AVANTAIR, INC


Bankruptcy or Receivership, Change in Directors or Principal Officers

Item 1.03 Bankruptcy or Receivership.

On July 25, 2013, certain creditors of Avantair, Inc. (the "Company") filed an involuntary petition in the United States Bankruptcy Court, Middle District of Florida, sitting in Tampa, Florida, pursuant to Chapter 7 of Title 11 of the United States Code. A trustee has not been appointed and the Company has twenty-one (21) days to respond to the petition, during which time it will continue to operate its business. The Company has retained counsel in connection with the filing and is investigating the merits of the petition.

Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective July 26, 2013, Bret A. Holmes resigned his position as Chief Financial Officer of the Company to pursue other opportunities.

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