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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. August 03, 2017

    SunEdison Free To Push Back Rights Offering Cutoff

    A New York bankruptcy judge clarified Thursday that SunEdison Inc. has the authority to modify the procedures of a $300 million rights offering that underpins the renewable energy giant's exit from Chapter 11, leading SunEdison to withdraw a request to extend the cutoff date and allow removal of escrowed funds.

  2. August 01, 2017

    SunEdison Takes On Appeal Over Key Ch. 11 Plan Agreement

    Attorneys for bankrupt renewable energy giant SunEdison Inc. found themselves back in court Tuesday, just a week after confirming a Chapter 11 wind-down plan, indicating their intent to expeditiously deal with and dismiss an appeal from dissatisfied creditors over a $300 million exit financing agreement.

  3. July 31, 2017

    Former SunEdison Exec Wants Millions From Ch. 11 Process

    A former executive vice president of renewable energy giant SunEdison Inc. has told a New York bankruptcy court that his millions of dollars in claims made as part of the company's Chapter 11 bankruptcy proceedings should be upheld over debtors' objections, arguing that contract agreements support his request.

  4. July 20, 2017

    Objectors Force Delay Of SunEdison Ch. 11 Plan Confirmation

    Creditors looking to force bankrupt renewable energy giant SunEdison Inc. to rework its pending Chapter 11 restructuring plan won perhaps just a short term-battle Thursday, as a New York bankruptcy judge adjourned the company's plan confirmation hearing before pending objections could be fully decided, allowing arguments to proceed into next week.

  5. June 28, 2017

    SunEdison Gets OK For $32M Unsecured Creditors Settlement

    SunEdison Inc. reached a major milestone on Wednesday as a New York bankruptcy court approved a $32 million settlement between the green energy giant and its unsecured creditors, putting its restructuring case on track to be wrapped up within a matter of months.

  6. June 15, 2017

    Oracle Objects To SunEdison's Service Transfer Plan

    Oracle America Inc. objected Thursday to a proposed transition services agreement between bankrupt SunEdison Inc. and its yieldcos, saying the deal may impact Oracle's intellectual property.

  7. June 12, 2017

    SunEdison Cleared To Solicit Votes On Ch. 11 Plan

    More than a year after entering Chapter 11, bankrupt renewable energy giant SunEdison Inc. received authorization from a New York federal judge on Monday to distribute its financial restructuring proposals to creditors, with hopes of confirming its plan in just over a month.

  8. June 08, 2017

    SunEdison Seeks OK For $32M D&O Insurance Deal

    As part of its Chapter 11 exit plan, SunEdison Inc. asked a New York bankruptcy court Wednesday to approve a settlement that will generate $32 million for the company's unsecured creditors in exchange for a release of claims against former and current SunEdison executives.

  9. June 06, 2017

    $800M SunEdison Yieldco Pact OK'd Amid Plan Soliciting Stall

    Bankrupt renewable energy giant SunEdison Inc. received permission Tuesday from a New York bankruptcy judge to enter into a settlement that will net the estate about $800 million from the sale of two yieldcos, but was told it must tweak its Chapter 11 plan disclosures before soliciting creditor votes.

  10. May 18, 2017

    SunEdison Says It's Poised To Solicit Votes On Ch. 11 Plan

    SunEdison Inc. told a New York bankruptcy court on Wednesday that after resolving several objections to its Chapter 11 plan disclosures and reaching a critical accord with its key creditors, it is in position to move forward with soliciting votes for its exit from bankruptcy.