filed for bankruptcy in Germany. A sale of the Blythe and Palen projects, and a 70 percent interest in Solar Trust fell through after the prospective buyer, solarhybrid, another German solar firm, also filed for bankruptcy.
The case, however, is nearing an end as an April 13 hearing in Wilmington is scheduled to review the proposed $2.15B sale of the club to Guggenheim Baseball Management, announced last week, that will bring the club out of bankruptcy.
After the unions state their case, the court will allow the Pension Benefit Guaranty Corp and the Unsecured Creditor's committee to respond. American will then be allowed a rebuttal. Under Section 1113 of the U.S. Bankruptcy Code, companies can ...
filed for bankruptcy in Germany. A sale of the Blythe and Palen projects, and a 70 percent interest in Solar Trust fell through after the prospective buyer, solarhybrid, another German solar firm, also filed for bankruptcy.
PITTSBURGH, April 2, 2012 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) today said that the union will continue its active engagement with Pinnacle Airlines Corp. in light of the company's federal bankruptcy filing and work to ensure that the ...
NEW YORK (AP) -- Ground beef processor AFA Foods said Monday that it is filing for Chapter 11 bankruptcy protection and selling its assets after the public outcry over the beef filler known as "pink slime" derailed its efforts to save its ...
transferred to bankruptcy creditors. In another case of runaway Wall Street greed, some of America’s wealthiest hedge funds and investment banks, including Oaktree Partners, Angelo Gordon, JP Morgan Chase, Bank of America and Citibank ...
Solar Millennium said the lawsuit would not directly affect its insolvency proceedings. The case is In re: Solar Trust of America LLC et al, U.S. Bankruptcy Court, District of Delaware, No. 12-11136.
The bankruptcy filings came in the wake of a failure by the German parent to find a buyer for the pipeline of solar projects in the United States, including the Blythe complex. Since filing for insolvency, Solar Millennium of Germany has been ...
The bankruptcy is the largest Chapter 9 bankruptcy case in U.S. history. You can click here for our continuing coverage of the bankruptcy. Evan Belanger covers health care, technology and more for the Birmingham Business Journal.
