A Portland judge is giving seven Epic Air customers, who were assembling kit-built planes when the Bend, Ore., company closed last year, a second chance to purchase the bankrupt company’s assets, according to a story from The Oregonian.
The seven finished last out of three bidders for Epic’s assets. A Chinese aviation company placed the winning bid at $4.3 million. After a hearing Tuesday, Judge Randall Dunn gave the seven another chance to present numbers and explore deals with the two other bidders before the next hearing on Friday, April 2.
Read the full report here.