Advertisement
Share

Ailing CompuSave filed for Chapter 11 protection.

The bankruptcy filing caps a series of misfortunes that have stricken the troubled Irvine-based maker of video shopping terminals, whose losses since its founding in 1983 total $11.6 million. According to the court filing, CompuSave currently has $3.8 million in assets and $4 million in debts to about 605 creditors, mostly suppliers and other vendors.


Advertisement