August 22, 2012 - French company LISA Airplanes, which experienced what it called "a very successful debut" of its new AKOYA aircraft at EAA AirVenture 2012, placed the company into receivership on July 30, 2012, "in order to protect its future," according to a statement released late last week.

This thread is started to post comments and facts about the company, the product, the recievership, and the consequences and benifits of these actions.

OK, the LISA AKOYA is not an Ultralight but this strip is about all light aircraft in spite of the title.