Solyndra Blasts Efforts To Appoint Ch. 11 Trustee

Law360, New York (October 12, 2011, 10:43 PM EDT) -- Solyndra Inc. said Wednesday that the appointment of a Chapter 11 trustee would undercut efforts to sell the embattled solar panel maker and called the U.S. trustee's motion for the Delaware bankruptcy court to make the appointment an "extraordinary overreaction."

In a filing opposing the motion, Solyndra touted recent progress in pushing its sale process forward and slammed U.S. Trustee Roberta DeAngelis' quest to appoint a Chapter 11 trustee, saying the motion does not allege any specific wrongdoing that could justify such a move.

"Sale efforts...
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