January 10, 2025
Solar power company iSun asked to switch its bankruptcy proceedings to a Chapter 7, after finding that it couldn't afford its Chapter 11 plan. Nash Engineering Co.'s Chapter 7 trustee asked a bankruptcy judge to sign off on a $9 million settlement with two insurers that had bought back their policies in 2020. And the Second Circuit put out the call for would-be bankruptcy judges to submit their applications to sit on the bench in Manhattan.
December 05, 2024
The former CEO of solar power company iSun is asking a Delaware bankruptcy judge to reject the company's proposed Chapter 11 plan, saying it fails to provide for payment of priority claims, including his own deferred paychecks.
August 13, 2024
Residential solar technology provider SunPower and Vermont-based iSun are among the solar firms seeking protection under the Bankruptcy Code this year, joining Vision Solar, which filed for Chapter 7 late last year.
August 13, 2024
A Delaware bankruptcy judge indicated Tuesday he would approve solar energy company iSun's plan to sell itself once the firm works through a few remaining objections to the $10 million deal.
July 08, 2024
A Delaware bankruptcy judge Monday gave solar energy firm iSun permission to put itself on the block at the end of July after its proposed baseline bidder agreed to accept a flat amount as a bid protection payment rather than a percentage of a winning overbid.