MMR Sues To Claim 50% Stake In Bankrupt Solar Project

Law360, Wilmington (May 02, 2012, 7:20 PM ET) -- Electrical contractor MMR Group Inc. filed suit Tuesday to stake a claim for half-ownership of Solar Trust of America LLC's flagship solar power project, alleging the bankrupt solar developer reneged on a joint venture agreement between the companies.

In an adversary suit filed in Delaware bankruptcy court, MMR claims it partnered with Solar Trust subsidiary Solar Millennium LLC in the early stages of the company's Blythe Project, a planned 1,000-megawatt solar power plant in California.

The companies hashed out the purported joint venture in 2008 as...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required