Solyndra Trustee Says Lien Fight Should Stay In Delaware

Law360, Wilmington (June 13, 2013, 1:04 AM EDT) -- The trustee overseeing the estate of failed solar-power company Solyndra LLC on Wednesday urged a Delaware bankruptcy judge to reject a creditor's bid to transfer a lien dispute to California, saying both jurisdiction and economy call for keeping the issue in the First State.

Kinetic Systems Inc., which holds a $1.2 million mechanic's lien on proceeds brought in from the sale of Solyndra's mammoth headquarters, says it should be allowed to resolve its dispute in California since the debtor and the trustee have no interest in...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Solyndra, LLC


Case Number

1:11-bk-12799

Court

Delaware

Nature of Suit

Date Filed

September 6, 2011

Law Firms

Companies

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.