July 13, 2012
Evergreen Solar Inc. received court approval Friday for its Chapter 11 liquidating plan that will wind down the Massachusetts-based panel maker and leave its few remaining assets in the care of an administrator.
March 13, 2012
Evergreen Solar Inc. asked a Delaware bankruptcy court on Monday to approve the sale of its partially state-funded plant in Devens, Mass. to Hackman Capital for $8.5 million — the last major asset needed to complete the defunct solar panel maker's liquidation.
February 15, 2012
Bankrupt solar panel manufacturer Evergreen Solar Inc. on Wednesday filed suit in Delaware bankruptcy court against its Chinese partner in a controversial joint venture launched in 2009 to cut the struggling company's costs by moving some production to China.
November 10, 2011
Evergreen Solar Inc. won a Delaware bankruptcy judge's blessing Thursday to sell the bulk of its assets to three separate bidders for a combined $34.5 million, but failed to secure continued employment for its remaining workers.
October 24, 2011
Bankrupt solar cell maker Evergreen Solar Inc. on Monday urged a Delaware bankruptcy judge not to kill a stalking horse bid from its secured lenders, despite some creditors' objections.
October 07, 2011
A Delaware bankruptcy judge on Friday declined to approve a $4 million flat fee for UBS Securities LLC for its work drumming up bidders for Evergreen Solar Inc.'s assets, saying the adviser should not collect the entire tab if a prearranged credit bid prevails at auction.
September 06, 2011
Solar panel maker Evergreen Solar Inc. won tentative bankruptcy court approval Tuesday for a plan to auction off its assets, including a $30 million stalking horse credit bid from secured lenders.
August 26, 2011
Presidio Technology Capital LLC objected Thursday to solar panel maker Evergreen Solar Inc.'s Delaware bankruptcy court bid to enter into a $30 million stalking horse asset sale agreement with a group of bondholders, saying the deal first needs an amendment to protect Presidio's property.