GT Advanced Technologies, Inc.

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Case overview

Case Number:

1:14-bk-11916

Court:

New Hampshire

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. December 05, 2014

    GTAT Creditors Worry Apple Getting Off Easy In $439M Deal

    Apple Inc.'s $439 million settlement with bankrupt GT Advanced Technologies Inc. came under fire Friday from unsecured GT creditors saying it appears to let Apple off easy for pushing the onetime partners' disastrous sapphire production venture.

  2. December 04, 2014

    Bogus Promises In $439M Apple Deal, Says GTAT Creditor

    Apple Inc.'s $439 million deal with bankrupt GT Advanced Technologies Inc. is a little too sweet for a GTAT creditor's tastes, according to an objection filed in New Hampshire bankruptcy court Thursday contending that Apple's promises on the limits of what it would take are false.

  3. December 03, 2014

    Apple Exec To Give Deposition In GTAT Bankruptcy

    Quickly backing down from a legal fight that heated up earlier this week, Apple Inc. will make a senior executive available for a grilling in the bankruptcy of GT Advanced Technologies Inc., a lawyer said, as the companies seek a settlement amid accusations that the tech giant helped drive the supplier into bankruptcy.

  4. December 02, 2014

    GT Creditors, Noteholders Seek Grilling Of Apple Exec

    Noteholders of GT Advanced Technologies Inc., who have objected to a settlement between the bankrupt company and Apple Inc., on Monday asked a New Hampshire bankruptcy judge to force Apple's senior vice president of operations to testify, saying his hands-on role at GT warrants his deposition.

  5. November 19, 2014

    Apple Deal Looks Bad For Bankrupt GT, Noteholders Say

    Noteholders of GT Advanced Technologies Inc. objected Tuesday to a settlement between the bankrupt company and Apple Inc., saying "extraordinary allegations" of Apple's anti-competitive dealings in a recently unsealed document raise questions about the fairness of the settlement.

  6. November 07, 2014

    Apple Pulled 'Bait And Switch,' Says COO Of Bankrupt GTAT

    Apple Inc. used a "classic bait-and-switch strategy" to get bankrupt GT Advanced Technologies Inc. to enter into an "onerous and massively one-sided deal" to produce sapphire for Apple's devices, GTAT's chief operating officer claimed in documents unsealed Friday in New Hampshire bankruptcy court.

  7. November 04, 2014

    Apple, GT Proceed With Settlement After Records Unsealed

    Apple Inc. and bankrupt GT Advanced Technologies Inc. will still proceed with a settlement of a contract dispute that led to GT's Chapter 11 filing even after a New Hampshire bankruptcy judge ruled Tuesday that a key document both companies wanted sealed must be made public.

  8. October 30, 2014

    GTAT Judge Intends To Unseal Records On Apple Spat

    The judge presiding over GT Advanced Technologies Inc.'s secretive bankruptcy on Thursday endangered a settlement of the contract dispute with Apple Inc. that destroyed GT's business, saying that a key document both companies want sealed should be made public.

  9. October 28, 2014

    GTAT Touts Deal With Apple Over Soured Sapphire Venture

    Bankrupt GT Advanced Technologies Inc. made its case Monday for judicial approval of a settlement that would dispose of "billions of dollars" in potential breach of contract and intellectual property claims from Apple Inc. over the companies' failed synthetic sapphire venture.

  10. October 23, 2014

    Apple May Not Be Done With GTAT After It Clears Ch. 11

    Apple Inc. said Thursday that a now-finalized settlement with bankrupt GT Advanced Technologies Inc. could pave the way for the two to resume doing business once GT exits the sapphire production business responsible for its abrupt collapse.

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