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July 22, 2013

Better Place, Inc. Files Chapter 15 Petition

  • Debtor Name:  Better Place, Inc.
  • Year Filed:  2013
  • Jurisdiction:  United States Bankruptcy Court / District of Delaware
  • Asset Size:  Less than 10,000,000
  • Case Number:  13-11814
  • Industry:  Automobile/Auto Parts/Services, Chapter 15 Proceeding, Manufacturing

The Tel Aviv, Israel-based company, developed battery charging and battery switching services for electric cars.

The Debor blames the filing on heavy capital costs and lower than expected market penetration.



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