August 12, 2024
The U.S.-based affiliate of Indian educational technology giant Byju's avoided the dismissal of its Chapter 11 case in Delaware, a subpoena for cellphone records from former bankruptcy judge David R. Jones was quashed, and a $2 billion bankruptcy from a residential solar technology company was filed. This is the week in bankruptcy
August 08, 2024
Residential solar technology company SunPower Corporation landed in Chapter 11 this week with $2 billion in debt after an accounting fiasco coupled with rough macroeconomic trends sent it into a liquidity crisis.
August 06, 2024
Residential solar technology company SunPower Corporation filed for Chapter 11 protection in Delaware with more than $2 billion of funded debt obligations and plans for an asset sale.