Aerion Liquidation Targeted by Year-end
Private equity firms and a jet manufacturer has already expressed interest in Aerion's assets, as the company expects to liquidate before year-end.
Aerion, now in liquidation, has accrued some $100 million in claims, with GE Aviation accounting for almost a third of that. However, the value of the assets is less clear since they mostly involve intellectual property. (Photo: Aerion Corp.)
Aerion, now in liquidation, has accrued some $100 million in claims, with GE Aviation accounting for almost a third of that. However, the value of the assets is less clear since they mostly involve intellectual property. (Photo: Aerion Corp.)