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The 201 trade case is being financed and organized by Suniva’s “Debtors in Possession” or DIPs. These firms want their money back. The 201 trade case is a desperate attempt to do just that.
Even in these economically difficult times, governments loan billions of dollars to households, corporations and organizations through various government programs. Governments extend this credit or loans to all sectors of the economy including: Education Housing Agriculture Small business Energy and Climate These are the different ways in which green financing can be used to avail funds to populations of a […]
VeraSun Energy Corporation, one of the nation's largest ethanol producers, today announced that it recently received a non-binding unsolicited indication of interest with respect to the purchase of its assets. The company intends to pursue this indication of interest to its conclusion and evaluate other proposals it may receive in accordance with its obligations as a debtor in possession under chapter 11 of the Bankruptcy Code.
2002-03-05 [SolarAccess.com] U.S. Bankruptcy Court Judge Arthur Gonzalez approved Enron Corp’s motion to pursue the sale of its subsidiary Enron Wind to GE Power Systems but gave alternate bidders until March 27 to submit offers for the company. The judge also assigned a US$5.625 million breakup fee should another bidder offer more than the US$258 million offered by GE. The […]
A123 Systems Inc., the electric car battery maker that received a $249 million federal grant, filed for bankruptcy protection after failing to make a debt payment that was due yesterday.
It is no doubt that most households that are struggling with debt are also struggling to pay monthly utility bills. One of the changes you could make in your lifestyle is to adopt green energy sources. Green energy is praised by many as a sure way to avoid unnecessary expenses. Should you fall on hard times in the future, you […]
Kior Inc., a maker of biofuels from crops such as switchgrass, wood chips and corn husks, filed for bankruptcy protection with a plan to sell its assets to affiliates of backer Vinod Khosla if no better offer emerges.
Just a few months after shuttering its US fab, mc-Si solar cell maker Spectrawatt is filing for Chapter 11 bankruptcy protection.
VeraSun Energy Corporation announced that it and 24 of its subsidiaries have filed voluntary petitions for relief under chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The company said that it made the move in order to enhance liquidity while it reorganizes its operations.
In Utah and Idaho, the news is bleak. Raser Technologies, Inc. has announced that it and all of its wholly-owned subsidiaries have filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.
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