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- Chapter 11Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Newchip entered into bankruptcy liquidation last week. The Austin-based company rebranded as Astralabs, doing business as Newchip and Newchip Accelerator, filed for Chapter 11 bankruptcy reorganization on March 17th, listing $1.7 million in total assets and $4.8 million in total liabilities, according to its filing.www.siliconhillsnews.com/2023/05/13/newchip-ent…ASTRALABS INC filed a 7 chapter bankruptcy in the Western District of Texas bankruptcy court on March 17, 2023. This is a voluntary filing; it was assigned the bankruptcy case number #23-10164. The bankruptcy petition for ASTRALABS INC showed assets in the range of $1MM - $10MM with liabilities in the range of $1MM - $10MM.www.bankruptcyobserver.com/bankruptcy-case/AS…On 03/17/2023 ASTRALABS Inc was filed as a Bankruptcy - Chapter 7 lawsuit. This case was filed in U.S. Bankruptcy Courts, Texas Western Bankruptcy. The Judge overseeing this case is Shad Robinson. The case status is Pending - Other Pending.unicourt.com/case/pc-bk5-casegp7754d588cadb-2…
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