Satcon Technology Corporation

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  1. June 14, 2013

    Great Wall Gets Nod To Buy Satcon Assets In $6M Deal

    A Delaware bankruptcy judge paved the way for Great Wall Energy to purchase assets of Satcon Technology Corp. for $6.25 million, signing off on a settlement between formerly feuding factions in the shuttered solar firm's 8-month-old case.

  2. May 29, 2013

    Satcon Supplier Makes $6M Asset Bid In Last-Minute Deal

    China-based Great Wall Energy on Wednesday reached an eleventh-hour deal to purchase the assets of shuttered solar firm Satcon Technology Corp. for $6.25 million, trumping a previous offer that had been teed up for a sale hearing in Delaware bankruptcy court.

  3. April 11, 2013

    Satcon Trustee Gets Nod To Jump-Start Operations

    A Delaware bankruptcy judge on Thursday gave Satcon Technology Corp.'s Chapter 7 trustee the green light to access cash collateral, which the trustee will use to restart operations at the shuttered solar energy firm on a limited basis.

  4. April 08, 2013

    Satcon Lender Questions Ch. 7 Trustee's Recovery Plan

    Satcon Technology Corp.'s senior lender expressed doubts Monday about a proposal to temporarily revive operations at the bankrupt solar energy firm, saying the Chapter 7 trustee's plan to increase recoveries must be viewed in light of the company's previous inability to sell its assets.

  5. March 27, 2013

    Ch. 7 Trustee Seeks Power To Revive Solar Co.'s Operations

    The Chapter 7 trustee overseeing Satcon Technology Corp. sought court permission Tuesday to operate the shuttered solar energy company for a limited time, asserting that reviving certain operations would produce a far greater return than moving directly toward a liquidation sale.

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