Defense Contractor Reaches Ch. 11 In Wake Of BAE Suit

Law360, New York (December 11, 2013, 5:22 PM EST) -- Defense contractor Star Dynamics Corp. filed for Chapter 11 in Ohio bankruptcy court Tuesday, citing a critical lack of funds and a contentious trade secret lawsuit brought by a subsidiary of aerospace giant BAE Systems PLC.

In documents filed Tuesday, the Hilliard, Ohio-based company, which develops and sells radar systems, said that a state judge in July handed down an interim injunction barring Star Dynamics from bidding on contracts currently being pursued by the BAE unit.

The costly litigation, coupled with Star Dynamics' roughly $50.9 million...
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