October 21, 2014
Lawyers for GT Advanced Technologies Inc. and Apple Inc. announced a settlement late Tuesday that would allow GT to exit its money-losing sapphire production business and finally explain the falling-out between the onetime partners that led to its unexpected Chapter 11.
October 15, 2014
The judge presiding over GT Advanced Technologies Inc.'s secretive bankruptcy proceedings cast doubt Thursday on Apple Inc.'s wish to seal documents on what went wrong between the onetime partners, challenging Apple to show a concrete risk to its trade secrets if the information went public.
October 14, 2014
The state of New Hampshire urged a bankruptcy judge Tuesday to reject a bid by Apple Inc. supplier GT Advanced Technologies Inc. to seal a collection of documents, saying company stakeholders deserve to know the reasons behind its unexpected descent into Chapter 11 and subsequent move to close manufacturing plants.
October 10, 2014
Stakeholders in bankrupt Apple Inc. supplier GT Advanced Technologies Inc. will have to penetrate the veil of secrecy Apple keeps over its product development pipeline in order to find out what drove the onetime partners apart and destroyed GT's business, attorneys say.
October 09, 2014
An attorney for GT Advanced Technologies Inc. said Thursday that the sapphire manufacturer is "tied up in knots" under a confidentiality pact with a business partner widely assumed to be Apple Inc. and can't reveal why it abruptly filed for bankruptcy this week.
October 06, 2014
Apple Inc. supplier GT Advanced Technologies Inc. has filed for Chapter 11 bankruptcy protection, the sapphire producer said Monday, after Apple's rollout of its latest line of smartphones, which didn't feature the durable material for the mobile device screens.