This post was updated at 10:45 a.m. PDT with information from court filings.
Psystar, maker of the the Open Computer, has filed for bankruptcy protection.
The papers were filed in a Florida federal court Thursday. Psystar is more than $250,000 in debt, according to the bankruptcy petition, owed mostly to shipping companies, the IRS, and the law firm Carr & Farrell.
In the filing, Psystar pins its financial mess on the poor economy.
"Debtor sales have been greatly affected by the decrease in consumer spending. The financial crisis has also caused creditors to tighten up their … Read more