August 20, 2026
North Carolina-based energy efficiency aggregator American Efficient asked the bankruptcy judge overseeing its Chapter 11 case in the state to sanction grid operator PJM Interconnection LLC for withholding roughly $824,000 in interest on a deposit.
August 07, 2026
Grid operator PJM Interconnection LLC has challenged North Carolina-based energy efficiency aggregator American Efficient's request for $11.5 million of debtor-in-possession financing, alleging the debtor is not operating and that current regulations make its business impossible to operate.
July 30, 2026
An affiliate of American Efficient sued another organization in a bid to claw back about $10.2 million in Chapter 11, a Texas federal judge shot down an appeal stemming from auto parts company First Brands' bankruptcy and Sidley Austin LLP argued it was eligible to represent Genesis Healthcare.
July 28, 2026
Energy-efficiency aggregator American Efficient LLC filed for Chapter 11 protection as it fights a $1.1 billion fine from a federal regulator, blaming the penalty on rules that it said don't actually exist and wouldn't be enforceable even if they did.
July 21, 2026
A North Carolina energy efficiency aggregator sought bankruptcy protection after it was hit with a more than $1 billion civil penalty, an insurance group filed for Chapter 11 after recent litigation disrupted its business, and a Malibu mansion development filed for bankruptcy protection. Here are some of the latest insolvency filings from across the country.
July 20, 2026
North Carolina-based energy efficiency aggregator American Efficient LLC has filed for bankruptcy, listing between $1 billion and $10 billion of estimated liabilities on its petition, three months after being hit with a penalty of more than $1 billion by federal energy regulators.