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Inventor, engineer and flying-car company founder Paul Moller filed for personal Chapter 11 bankruptcy protection, listing assets of $46 million and debt of $6.3 million.
Much of the claimed assets include stock in Moller's Davis-based flying car company Moller International Inc. and its subsidiary Freedom Motors.
Moller is the company's majority shareholder, and he had been providing funds for the company to continue operating, including refinancing personal real estate to fund the company. He has been trying to sell the company and some of its proprietary technology for several years....