Eclipse Aviation of Albuquerque, NM filed in Federal Bankruptcy Court in Delaware for conversion of their Chapter 11 bankruptcy to Chapter 7 bankruptcy. They have been unable to get funds required for the sale or continued operation of the company.
When we toured Eclipse last early August 2008 they had delivered 230 EA-500 VLJs, with about 30 more completed or near so for flight test and customer delivery. Bankruptcy is having a substantial economic effect on Albuquerque as Eclipse had many buildings and employees there. See my Eclipse photos under Airports-ABQ in this site.