Nuclea Files For Bankruptcy

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Nuclea Biotechnologies, which moved out of its Pittsfield offices earlier this year, has filed for Chapter 7 bankruptcy protection, leaving a significant list of Berkshire creditors in its wake.

The local debtors include the Pittsfield Economic Development Authority, the city of Pittsfield, Berkshire Medical Center, the former North Adams Regional Hospital’s laboratory, the Berkshire Gas Co., the owner of Nuclea’s former facility on Elm Street, several private businesses and local residents, and three Berkshire County law firms, according to papers filed in U.S. Bankruptcy Court in Delaware.

Nuclea’s liabilities could be as high as $10 million, according to the documents.

A hearing in the case is scheduled for Nov. 9.

To read the rest of this article, go to http://www.berkshireeagle.com/local/ci_30490799/nuclea-files-bankruptcy

By Tony Dobrowolski of The Berkshire Eagle

 

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