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SunEdison Says It's Poised To Solicit Votes On Ch. 11 Plan

Law360, New York (May 18, 2017, 8:29 PM EDT) -- SunEdison Inc. told a New York bankruptcy court on Wednesday that after resolving several objections to its Chapter 11 plan disclosures and reaching a critical accord with its key creditors, it is in position to move forward with soliciting votes for its exit from bankruptcy.

Lawyers for the green energy giant, which entered bankruptcy in April 2016 after racking up $11 billion in debt it took on to finance an ambitious worldwide growth plan, said in a court filing that the company is readying modifications to...
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