Manufacturer Tries To Halt Solyndra Sale Over $13M Deal

Law360, New York (October 11, 2011, 6:36 PM EDT) -- An industrial equipment manufacturer asked a Delaware bankruptcy judge Monday to put the brakes on embattled solar panel maker Solyndra Inc.’s planned Oct. 27 asset sale until the company makes good on a $12.7 million bill for manufacturing equipment it allegedly agreed to return.

In a suit filed Oct. 10, VDL Enabling Technologies Group Eindhoven BV claims Solyndra, which received court approval for the hotly contested sale last month, signed a nontransferable software license agreement when it hired VDL in 2009 to manufacture glass tubing equipment...
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