Cirrus Company News

http://www.bizjournals.com/twincities/stories/2010/03/22/daily7.html

Cirrus Design sues former supplier over bankruptcy rumors

Cirrus Design Corp says a former supplier is trying to put the Duluth-based aircraft maker into bankruptcy and wants a federal judge to put a stop to it, according to a new lawsuit.

In a lawsuit filed in Minneapolis’ U.S. District Court Friday, Cirrus said L-3 Communications Avionics Systems Inc. is trying to drive a wedge between Cirrus and its suppliers by spreading false rumors of an impending Cirrus bankruptcy.