Turbine Debts Force Lehman Unit Into Ch. 15
Economic strain, augmented by Lehman Bros.' September 2008 bankruptcy, rendered SkyPower unable to pay back loans related to the acquisition of several wind turbines, according to a declaration filed Aug. 19 in the U.S. Bankruptcy Court for the District of Delaware.
SkyPower is seeking Chapter 15 protection as a foreign entity, saying it owes about $214 million on a roughly...
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