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Mealeys

MLex

Solyndra, LLC

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Case overview

Case Number:

1:11-bk-12799

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. July 30, 2012

    Solyndra Files Ch. 11 Plan Including Minimal Payback To Gov't

    Bankrupt solar panel maker Solyndra LLC on Friday filed its Chapter 11 reorganization plan, which provides minimal, if any, payback for the $535 million government loan guarantee that has come to frame the rancorous debate on Capitol Hill over U.S. efforts to promote clean energy.

  2. June 15, 2012

    Solyndra To Score Extra DIP Financing, File Ch. 11 Plan

    Impoverished solar panel maker Solyndra LLC told a Delaware bankruptcy judge Friday that it would submit a Chapter 11 plan in the coming weeks and had resolved objections to the extension and enlargement of its debtor-in-possession financing package.

  3. May 24, 2012

    US Trustee Rips Stalled Solyndra's $3M DIP Loan Request

    The U.S. Trustee took issue on Wednesday with Solyndra LLC's bid for an extra $3 million to fund its bankruptcy, arguing the defunct solar panel maker needs to make haste on a liquidation plan before receiving more cash to pay professionals.

  4. May 14, 2012

    Solyndra Says Ch. 7 Looms Without $3M Extra DIP Financing

    Bankrupt solar panel maker Solyndra LLC on Friday asked a Delaware judge to approve $3 million in additional debtor-in-possession financing and an extension of the loan facility, saying it will have to convert to Chapter 7 bankruptcy if the motion is not approved.

  5. March 30, 2012

    Solyndra Requests More Time To File $900M Ch. 11 Plan

    Government-aided solar panel maker Solyndra LLC on Thursday asked a Delaware bankruptcy court for more time to file a Chapter 11 reorganization plan because of its daunting $900 million debt and inability to find a turnkey buyer to take over its assets.

  6. February 15, 2012

    Solyndra, US Slam Ex-Workers' Bid To Nix Lender Protections

    Solyndra LLC, backed by the U.S. government, defended itself Wednesday against demands by a putative class of former employees that it retract legal protections it granted to secured lenders in Delaware bankruptcy court.

  7. January 18, 2012

    Solyndra Looks Ahead To Auction As Bid Deadline Passes

    Bankrupt solar-panel manufacturer Solyndra LLC failed to attract any bids from buyers by a Tuesday deadline, and company representatives said its assets would go on the auction block in February.

  8. January 13, 2012

    Lawmakers Ask MoFo, Wilson Sonsini For Solyndra Docs

    House Republicans on Thursday targeted Morrison & Foerster LLP and Wilson Sonsini Goodrich & Rosati PC over the Solyndra LLC controversy, requesting documents from the firms, which advised the government on a $535 million loan to the now-bankrupt solar panel maker.

  9. December 14, 2011

    Billing Records Reveal Solyndra Faces Grand Jury Probe

    Bankrupt solar panel maker Solyndra LLC, which received a $535 million government stimulus loan before it failed, has received a grand jury subpoena, according to billing records submitted to a Delaware bankruptcy court on Friday by K&L Gates LLP.

  10. November 17, 2011

    Solyndra Delays Auction As Good Bids Fail To Materialize

    Embattled solar panel maker Solyndra LLC told a Delaware bankruptcy court Wednesday that it had not received any acceptable bids for its assets by a deadline that day and that it would postpone a looming auction until January.