Psystar, the system builder reportedly offering generic personal computers running Mac OS X, has emerged from Chapter 11 bankruptcy following dismissal. However, the presiding judge has essentially paved the way for Apple's lawsuit against the company to proceed by blocking Psystar from seeking protection under Chapter 11 or even Chapter 7 bankruptcy provisions for a period of six months.

"All of Psystar's creditors are now free to sue in any court of competent jurisdiction to get their debts paid," the attorney said. "I wouldn't be surprised to see Apple institute such a law suit to recover the money that Psystar owes to it, and of course, Apple needn't sell shrink wrapped copies of OS X to a company that is in arrears on its debts to Apple."

Source: The Mac Observer