High Court Skips Appeal Over Solar Co.'s $950M Antitrust Suit

Law360, New York (April 17, 2017, 4:00 PM EDT) -- The U.S. Supreme Court on Monday declined to hear a bankrupt solar panel producer's bid to revive its $950 million antitrust suit against three Chinese solar panel companies.

Energy Conversion Devices Liquidation Trust was appealing the Sixth Circuit's August decision affirming a Michigan federal court's rejection of its 2013 suit against Trina Solar Ltd., Yingli Green Energy Holding Co. Ltd. and Suntech Power Holdings Co. in which the district court said there was no evidence those firms agreed to lower prices and force their competitor out of the market.

Energy Conversion, which sought Chapter 11 protection in 2012, had alleged the...

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