The Daily Docket: Potential Buyers Eyeing Solyndra Assets

Solyndra LLC is talking to some 25 potential buyers of its solar panel manufacturing business as it limps along under fire from Republicans in Congress over $527 million in federal loans, company officials said Tuesday. Read the Daily Bankruptcy Review story here.

With the powerful official committee of unsecured creditors yet to be heard from, the Friendly Ice Cream Co. Chapter 11 case took an unfriendly turn this week, as landlords registered their protests about plans to sell the company. Read the Daily Bankruptcy Review Small Cap story here.

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Spain was hit by a double whammy Tuesday when Moody’s Investors Service downgraded the country’s government-bond rating, citing fading growth prospects, and the government said housing prices fell further in the third quarter, a concern for embattled banks. Read the Wall Street Journal story here.

European Union lawmakers agreed on legislation Tuesday that limits the use of sovereign credit-default swaps and “naked” short-selling of government bonds and stocks, WSJ reports.

A Delaware judge said Grupo Mexico SAB owes more than $1.3 billion to minority shareholders of its Southern Peru Copper unit in a case stemming from a complicated corporate restructuring that contributed to the bankruptcy of another of its mining subsidiaries, Arizona-based Asarco LLC. Read the DBR story here in the Journal.

A Michigan automotive factory once destined for the scrap heap received another financial boost Tuesday after Chrysler Group LLC said it will invest $165 million in its Sterling Heights assembly plant, the Detroit Free Press reports.

The U.S. Bankruptcy Court is not the proper venue to address concession lines at Dodger Stadium, the committee representing creditors in the Dodgers bankruptcy case said Tuesday. Read the Los Angeles Times report here.

The Pennsylvania state Senate on Tuesday voted for a state takeover of the finances of its capital, Harrisburg, setting up a showdown with the city, which filed for bankruptcy last week, Reuters reports.

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