November 10, 2008 12:39 PM -
- Like -
Link
Circuit City Owes HP, Samsung, Sony $294 Million —

Circuit City (CC) is filing for bankruptcy, so who's owed money? WSJ: Circuit City Stores Inc., which filed for Chapter 11 bankruptcy protection Monday, owes Hewlett-Packard Co. more than $118 million, according to court documents filed Monday by the retail chain. H-P, which sells personal computers and printers at Circuit City, is the store's largest unsecured creditor. H-P ranks ahead of Samsung Electronics Co.--to which Circuit City owes nearly $116 million--and Sony Corp., which is owed $60 million. HP people had no immediate comment on whether they were still shipping goods to the troubled franchise. See Also: Circuit City Files...
[Tags: 60 million, chapter 11 bankruptcy, chapter 11 bankruptcy protection, circuit city, circuit city stores]