SunEdison, Inc., et al.,

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Case Number:

1:16-bk-10992

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

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May 16, 2017
SunEdison Creditors Committee In Position To Vote For Plan

Groups of SunEdison Inc. creditors said Tuesday they have overcome an impasse on issues that threatened to derail the bankrupt green energy giant's path out of Chapter 11, telling a New York bankruptcy judge that mediation talks have successfully led to settlement terms.
May 12, 2017
SunEdison Attacked For Insufficient Ch. 11 Plan Details

SunEdison Inc.'s Chapter 11 exit continues to get more complicated, as bond issuers, groups of shareholders and others worried about losing several millions' worth of claims against the bankrupt solar energy giant complained late in the week that the disclosures in its restructuring proposal are egregiously light on important details.
May 10, 2017
Voices Of Desperate SunEdison Shareholders Flood Docket

In a flurry of objections filed Tuesday and Wednesday, several dozen pained SunEdison Inc. shareholders urged a New York bankruptcy judge to step in and force the green energy giant to explain just how it lost billions of dollars in investment capital.
May 09, 2017
Shareholders Say SunEdison Disclosure Statement Flawed

An ad hoc committee of SunEdison shareholders Monday filed an objection to the company's Chapter 11 plan, saying it fails to explain why one of the world's largest energy companies went under or what creditors can expect now.
April 25, 2017
SunEdison Approved For New $640M Loan To Fund Ch. 11

Bankrupt green energy giant SunEdison Inc. on Tuesday narrowly avoided defaulting on its debtor-in-possession loans and jeopardizing its chances to reorganize when a New York bankruptcy judge approved a $640 million replacement loan in light of a compromise reached with a tenacious group of unsecured creditors.
April 20, 2017
Bankruptcy Judge Turns Down SunEdison Discovery Bid

A New York bankruptcy judge Thursday denied a request by solar power company SunEdison Inc. for a round of discovery to investigate claims that it and its clean energy yieldcos owe $231 million under a 2014 wind energy deal, saying it appeared to be an "end-run" around the discovery process in the state case.
April 19, 2017
SunEdison Yieldco Deal Allocation Spat Heads To Mediation

SunEdison Inc.'s contentious bankruptcy appeared to have hit a tipping point Tuesday, as the New York bankruptcy judge overseeing the case ordered all parties involved to enter mediation talks, and unsecured creditors blasted the company's new $640 million loan proposal and threatened to convert the case to Chapter 7.
April 13, 2017
SunEdison, Yieldcos Blasted For Discovery Bid In Ch. 11

Bankrupt solar power company SunEdison Inc. and its clean energy yieldcos have no basis to use the debtor's Chapter 11 to investigate claims that they breached a 2014 wind energy deal, the investor counterparties said in a filing Thursday, blasting the yieldcos for failing to seek discovery in state court.
April 05, 2017
SunEdison Looks To Repay Ch. 11 Loan With $640M Substitute

Nearing the maturity date on its original $300 million debtor-in-possession financing loan, green energy giant SunEdison Inc. asked a New York bankruptcy court on Tuesday to approve a replacement loan of $640 million to pay old lenders and provide the liquidity necessary to get through Chapter 11.
April 04, 2017
SunEdison Creditors Dig In Over Yieldco Deal Allocations

Irritated about their potential treatment under SunEdison Inc.'s $2.5 billion plan to sell its shares in two clean energy yieldcos, the bankrupt solar company's unsecured creditors told a New York bankruptcy judge Tuesday it's "perfectly clear" the case "has been run for the benefit of secured creditors."