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Peninsula, Bankruptcy Timeline Saturday, October 11     Author
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Napster firesale is on  Computers and a slew of T-shirts with a cartoon cat logo will go up for auction Struggling Liquid Audio to dissolve  Internet music company may sell or liquidate its assets. Board has voted in favor of a $57 million stockholder cash payout Trustee to manage Napster in bankruptcy  Defunct song-swapping service, creditors and feds agreed to appoint a trustee to oversee the bankruptcy reorganization Napster as Company Folds
World News USA (204) Bay Area Business (1016) Bankruptcy (85) Peninsula
2004 (1) 2002 (11) 2001 (6)
   Central San Mateo County    Hayward Castro Valley San Leandro    Richest Towns    South San Mateo County (12)    SFO    Redwood City (11)    San Mateo    Napster (6)
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Business liquidator opens up shop


year 2004 Top ^

Jan.4   Palo Alto
  Martin Pichinson has buried nearly 150 failed startups since 1999


year 2002 Top ^

Dec.10   Napster
Dec.9   Redwood City
Sep.27   Napster
Sep.3   Napster
  The company had closed its doors and terminated all but a few of its remaining 42 staffers as it prepared for Chapter 7 liquidation
  Napster Bankruptcy judge blocks sale of Napster  Judge Peter J. Walsh is cited conflicting loyalties by Napster's top executive Aug.10   Napster Assets up for auction  The asking price is $25 million and a deadline only eight business days away Jul.29   Napster Future Bleak After Middelhoff Resignation  With the resignation of chief executive of Bertelsmann AG, the future looks bleaker for the debt-riddled company Jun.3   Napster Napster files for Chapter 11 bankruptcy
  Industry heavyweight Bertelsmann AG follows through on a plan to take over what's left of the Internet music-swapping service
May.28   Redwood City ExciteAtHome to auction off final remains  A fire sale has extracted about $60 million from a business valued at $28 billion three years ago May.14   Redwood City RealNames to Shut Down  Microsoft has refused to renew a contract to use RealNames technology in the Internet Explorer

year 2001 Top ^

Dec.4   Redwood City ExciteAtHome will cease in February
  Bankrupt company will discontinue high-speed Internet service after reaching a deal with cable partners
Sep.28   Redwood City ExciteAtHome sells assets to AT&T  Provider of high-speed access will sell its broadband business for $307 million and file for bankruptcy protection Aug.15   Menlo Park Egghead to file for bankruptcy  Online technology merchant would sell its Web site and assets to Fry's Electronics Jul.9   Foster City Webvan closes, lay off 2,000
  Online grocer would file for Chapter 11 bankruptcy. It never came close to making money




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