Try our Advanced Search for more refined results

SunEdison, Inc., et al.,

Track this case

Case overview

Case Number:

1:16-bk-10992

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. March 31, 2017

    SunEdison Worried $231M Claim Could Disrupt Yieldco Deal

    Hoping to clear up any concerns that could affect its plans for reorganization, solar power company SunEdison Inc. asked Thursday in New York bankruptcy court for a round of discovery to investigate claims that it and its clean energy yieldcos owe $231 million under a 2014 wind energy deal.

  2. March 29, 2017

    SunEdison Creditors Blast $2.5B Yieldco Share Sale Plan

    SunEdison Inc.'s unsecured creditors fought back Tuesday against the bankrupt renewable energy giant's $2.5 billion plan to sell its shares in two clean energy yieldcos, saying the deal would leave unsecured creditors with next to nothing and calling for discovery so that they can fully investigate it.

  3. March 24, 2017

    SunEdison Lenders Fight To Ax Fraudulent Transfer Suit

    Secured SunEdison Inc. lenders fought back Thursday against the solar company's unsecured creditors' allegations that the lenders benefited from hundreds of millions of dollars in fraudulent transfers used to mask SunEdison's deteriorating finances, calling the claims rooted in dismay over the prospect of getting no return.

  4. March 17, 2017

    Polysilicon Co. Fears Loss Of IP In SunEdison Asset Sale

    A joint venture founded by a bankrupt SunEdison unit and a former Samsung subsidiary urged a New York bankruptcy court on Thursday to look further into its objection to a $150 million sale of SunEdison's solar material business, complaining that its intellectual property is wrapped up in the deal.

  5. March 15, 2017

    Bankrupt SunEdison Seeks To Advance $2.5B Yieldco Deal

    Solar power company SunEdison Inc. asked a New York bankruptcy court on Tuesday for authorization to vote its shares in two clean energy yieldcos to support the companies' $2.5 billion transactions with Brookfield Asset Management, saying they "will form the cornerstone of the debtors' eventual plan of reorganization."

  6. March 07, 2017

    SunEdison Gets Ch. 11 Plan Extension In Wake Of Yieldco Deal

    SunEdison Inc. withstood complaints on Tuesday regarding the extent of its transparency and communication with unsecured creditors before receiving court approval for a fourth Chapter 11 plan exclusivity extension, saying it will focus on getting out a plan now that it has agreed to settlement terms with its yieldcos.

  7. February 17, 2017

    SunEdison's Unsecured Creditors Grilled Over Fraud Suit

    SunEdison's unsecured creditors were challenged in New York bankruptcy court Thursday over the durability of their allegations that the energy giant's secured lenders benefited from hundreds of millions of dollars in fraudulent transfers used to mask the company's deteriorating finances, finding themselves forced to defend a lack of specific details.

  8. February 15, 2017

    SunEdison Seeks 4th Ch. 11 Plan Exclusive Filing Extension

    Solar company SunEdison Inc. asked a New York bankruptcy court on Tuesday to again extend its right to file a reorganization plan without competing proposals for an additional 30 days, saying a "modest" extension should allow it to finish addressing issues over proposed transactions and settlements involving two yieldcos.

  9. January 27, 2017

    SunEdison Gets OK For $15M Asset Sale To Mitsui Unit

    A New York bankruptcy judge on Thursday gave clean energy giant SunEdison Inc. the green light to sell its commercial and industrial business development line to a unit of Japanese conglomerate Mitsui & Co. in a private deal for $15 million.

  10. December 22, 2016

    SunEdison CEO Opposes Unsecured Creditors' Litigation Bid

    The CEO of bankrupt SunEdison Inc. testified in New York Thursday that he believes the renewable energy giant may have "substantial" and plausible claims against its yieldco subsidiaries, and allowing unsecured creditors to pursue them derivatively would short-circuit a joint process seeking sale or reorganization.