MandrakeSoft Files for Chapter 11 – it’s Official
The liabilities accumulated by MandrakeSoft through a series of quarterly losses have prompted the company to file for "declaration de cessation des paiements". The filing, similar to the U.S. Chapter 11-Reorganization, took place on January 13, 2003. The company is now focused on Version 9.1 which will be announced as scheduled in April.
