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Calif. recycler DEI Metals files for Ch. 7

Keywords: Tags  metals recycler, DEI Metals, California Department of Resources Recycling and Recovery, California Bankruptcy Court, Charles Tsai, Lisa Gordon

PITTSBURGH — California recycler DEI Metals Inc. has filed for Chapter 7 bankruptcy liquidation.

The Pomona-based metals recycler listed assets of $12,231 and liabilities of $15,000 in documents filed in U.S. Bankruptcy Court in California. The recycler noted that an additional undetermined liability from a pending lawsuit could be outstanding.

In January 2011, DEI was removed from the California Department of Resources Recycling and Recovery’s approved list.

A creditor meeting is set for Jan. 4.

DEI president Charles Tsai couldn’t be reached for comment.

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