SunEdison Creditors Committee In Position To Vote For Plan

Law360, New York (May 16, 2017, 9:42 PM EDT) -- Groups of SunEdison Inc. creditors said Tuesday they have overcome an impasse on issues that threatened to derail the bankrupt green energy giant’s path out of Chapter 11, telling a New York bankruptcy judge that mediation talks have successfully led to settlement terms.

Attorneys for SunEdison’s second-lien lenders and official committee of unsecured creditors told U.S. Bankruptcy Judge Stuart M. Bernstein at a status conference hearing that the mediation he called for last month was contentious but ultimately was the catalyst for a deal that leaves...
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