Solyndra Looks Ahead To Auction As Bid Deadline Passes

Law360, New York (January 18, 2012, 3:23 PM EST) -- Bankrupt solar-panel manufacturer Solyndra LLC failed to attract any bids from buyers by a Tuesday deadline, and company representatives said its assets would go on the auction block in February.

Solyndra — whose $535 million government-backed loan ignited a fierce debate on Capitol Hill over the Obama administration’s efforts to promote clean energy — had hoped for a turnkey sale that would allow a buyer to restart production at the company's Fremont, Calif., facilities and rehire some of the 1,000 employees who were laid off when...
To view the full article, register now.



Case Information

Case Title

Solyndra, LLC

Case Number




Nature of Suit

Date Filed

September 6, 2011

Law Firms


Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.