Solar Biotech, Inc.

  1. July 10, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    A creditor of bankrupt event venue The Chariot objected to the company's disclosure statement, saying it lacks details on how the creditor's secured claim will be treated. Meanwhile, Pride Funding, a lender to companies owned by celebrity house flippers Jennifer and Cesar Pina, urged a New Jersey court to deny their use of cash collateral. And Big Lots Inc. is trying to extend for the third time its exclusive window to file a Chapter 11 plan.

  2. January 28, 2025

    Solar Biotech Gets OK For Failed Bidder Breakup Fee

    A Delaware bankruptcy judge on Tuesday gave biotechnology firm Solar Biotech permission to pay a $456,000 breakup fee to the unsuccessful bidder in its Chapter 11 auction, saying the baseline offer provided a benefit to the estate.

  3. December 06, 2024

    Creditor Says Failed Solar Biotech Bidder Shouldn't Get Fee

    A creditor of Solar Biotech asked a Delaware bankruptcy judge to deny a request to pay the failed stalking horse bidder's $456,000 breakup fee, arguing there was no evidence the protections were necessary or that the bidder relied on them.

  4. September 06, 2024

    US Trustee Says Solar Biotech Sale Price May Be Too Low

    The U.S. Trustee's Office has filed an objection in Delaware bankruptcy court to Solar Biotech's proposed $14.9 million credit bid asset sale, saying it does not appear to leave anything to pay Chapter 11 expenses.