Wellington’s Peak Serum, firm’s CEO declare bankruptcy
WELLINGTON — Peak Serum Inc. and Thomas Kutrubes, the Wellington-based biologics firm’s founder, have declared bankruptcy.
The Chapter 11 filing, which was made Wednesday in U.S. Bankruptcy Court of Colorado, comes less than two months after Kutrubes was hit with a $2 million fine for trademark infringement, unfair competition and misappropriation of trade secrets related to his formation of Peak Serum in 2014.
Fort Collins-based maker of fetal bovine serum Atlas Biologicals Inc. sued Peak and Kutrubes in 2016. Kutrubes could not be reached for comment Wednesday afternoon and Atlas founder Rick Paniccia declined…
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