certification process. The company also said it has not spent any of the deposit money for the four-place, single-engine VLJ." In October 2008 industry analysts The Teal Group and Forecast International both issued independent analyses indicating that Eclipse faced bankruptcy by the end of the first quarter of 2009 and this development was expected to terminate development of the Eclipse 400. Eclipse Aviation entered Chapter 11 bankruptcy on 25 November 2008. Even though the purchase agreements for Eclipse 400s stated that the US$100,000 deposit was refundable upon request anytime before November 2009, reports in December 2008 indicated that deposits were not refunded upon request and that the company did not return phone calls on the subject. Court documents filed by Eclipse 400 position holders as part of the bankruptcy hearings allege that the company misappropriated the US$3.2M collected from depositors, did not escrow it as contracted to do so and refused to refund it when required to. The assets of the company were sold to EclipseJet Aviation International by court order on 23 January 2009 and the fate of the deposits became the subject of an adversarial court action at that time. The sale to EclipseJet was not completed and the company entered Chapter 7 liquidation, the company assets, including the Eclipse 400 prototype, going to Eclipse Aerospace. That predecessor company merged into a new company in 2015, One Aviation, which subsequently went bankrupt in 2021 without ever pursuing development of the Eclipse 400. Specifications Reference: Eclipse website References External links Former location of the Eclipse Concept Jet website Eclipse ECJ Interior Photos Single Engine Eclipse First Flight Photos 400 2000s United States civil utility aircraft Very light jets V-tail aircraft Abandoned civil aircraft projects of the United States Single-engined jet aircraft Low-wing aircraft Aircraft first flown in 2007