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SunEdison, Inc., et al.,

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Case overview

Case Number:

1:16-bk-10992

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. November 09, 2017

    SunEdison Judge Says Creditor Seems Bitter Over Equity Deal

    Two linked investors alleging SunEdison Inc. favored certain creditors when putting together a Chapter 11 exit financing agreement received a blunt rebuke Thursday when a New York bankruptcy judge said their complaints sounded like bitterness over their own offer's rejection, not like legal impropriety.

  2. November 08, 2017

    SunEdison Judge Limits Reach Of 3rd-Party Releases

    The judge presiding over SunEdison Inc.'s Chapter 11 bankruptcy case ruled Wednesday that creditors who did not vote on the renewable giant's restructuring plan cannot be bound to included third-party litigation releases, saying their silence does not amount to consent.

  3. October 20, 2017

    SunEdison Ch. 11 Plan Foes Seek Info On Rights Offering

    Two affiliated investors accusing SunEdison Inc. of using an exit financing agreement to buy creditor support for its Chapter 11 plan asked a New York bankruptcy court on Thursday to compel the renewable energy giant to hand over documentation related to the deal.

  4. October 13, 2017

    SunEdison Can End IP Contract With Korean Co., Judge Rules

    A New York bankruptcy judge on Friday found that a supply and license agreement between SunEdison Inc. and a Korean company it helped create to manufacture solar materials is governed by New York law and was properly terminated, allowing SunEdison to sell the patent rights to the production process.

  5. October 03, 2017

    Revised SunEdison D&O Allocation Pact Gets Judge's OK

    A New York bankruptcy judge Tuesday approved an insurance benefit allocation agreement for SunEdison Inc. and its affiliated solar yieldcos after receiving revisions addressing the concerns of two former executives afraid of losing policy protections.

  6. September 28, 2017

    SunEdison Directed To Patch Up D&O Allocation Agreement

    SunEdison Inc. and its affiliated solar yieldcos must amend a pending agreement to allocate directors and officers insurance benefits to settle shareholder suits, a New York bankruptcy judge said Thursday, imploring them to add language that resolves the concerns of two former executives afraid of losing policy protections.

  7. September 27, 2017

    SunEdison Fights For D&O Allocation In Shareholder Suits

    SunEdison Inc. and its affiliated solar yieldcos on Wednesday asked a New York bankruptcy court to ignore objections from former executives to an agreement to allocate directors and officers insurance benefits to settle shareholder suits, saying the objectors will not be harmed by the agreement.

  8. September 01, 2017

    SunEdison Asks To Split Insurance To Cover Securities Deals

    SunEdison Inc. on Thursday asked a New York bankruptcy judge to allow its insurers to split more than $23 million in coverage between the settlements of two shareholder suits against its yieldcos.

  9. August 23, 2017

    SunEdison Seeks OK Of $5.75M AIG Deal Over Fire Damage

    Bankrupt renewable energy giant SunEdison moved Tuesday for approval of a $5.75 million settlement that would take insurer AIG and a battery manufacturer off the hook for damages from a fire at a Hawaii wind energy project owned by SunEdison's affiliated yieldco TerraForm Power LLC.

  10. August 07, 2017

    SunEdison Shareholders' Objections Put To Rest

    The New York bankruptcy judge handling SunEdison Inc.'s Chapter 11 case on Monday explained his rejection of shareholder bids to further probe the clean energy giant's losses, saying the company is "hopelessly insolvent" and that months of investigations and legal fights haven't produced any evidence of nefarious activity.