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Published on 2/2/2009 in the Prospect News Distressed Debt Daily.

Eclipse Aviation asset sale approval appealed

By Caroline Salls

Pittsburgh, Feb. 2 - Eclipse Aviation Corp.'s asset sale approval order was appealed Monday by Dechant Aviation, Ltd. and Edward Sasso, according to a filing with the U.S. Bankruptcy Court for the District of Delaware.

The sale was approved on Jan. 23.

Eclipse, an Albuquerque-based aircraft manufacturer, filed for bankruptcy on Nov. 25. Its Chapter 11 case number is 08-13031.


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