for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

UPDATE 1-Specialty coatings maker nCoat files for bankruptcy

* Lists assets of $1.4 mln, debt of $914 mln

* Names Enable Growth Partners largest unsecured creditor

Aug 16 (Reuters) - NCoat Inc NCOA.PK, which makes specialty nanotechnology coatings, filed for bankruptcy protection along with three affiliates in a North Carolina court.

In its Chapter 11 petition, the company listed assets of $1.4 million and debt of more than $914 million.

Enable Growth Partners LP was named as the largest unsecured creditor with a claim of about $346.2 million.

The company employs about 71 people.

The case is In re: nCoat Inc, U.S. Bankruptcy Court, Middle District of North Carolina (Greensboro), No: 10-11512. (Reporting by Santosh Nadgir in Bangalore; Editing by Vinu Pilakkott)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up