Martifer Solar Slides Into Ch. 11, Blames Liquidity Woes
Los Angeles-based Martifer — which specializes in solar engineering, procurement and construction services — said that as a result of its cash flow problems, it has become burdened with liabilities and indebtedness, which necessitates bankruptcy protection.
The company listed both assets and liabilities of between $10 million and $50 million.
Martifer said its largest secured creditor,...
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