EECO Seeks Protection

EECO Inc., a computer products company that emerged from bankruptcy proceedings 15 months ago, has filed for protection from its creditors again, according to a filing at U.S. Bankruptcy Court in Santa Ana.

The Santa Ana company listed $7.1 million in assets and $7.6 million in liabilities, according to its filing Wednesday. EECO said it intends to reorganize its debt under Chapter 11 of the U.S. Bankruptcy Code.

Telephone calls to the company for comment were not returned. The company listed more than 200 unsecured creditors. The largest such creditor is 3M Corp., the Minnesota-based technology giant, which is owed $84,309.

Creditors held a 71% stake of the company and a majority of the seats on EECO’s board of directors when the company emerged from bankruptcy in January, 1991.