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SunEdison Has Received Court Approval Of First Day Motions
Monday, April 25, 2016 - 10:30am | 167Read More...Sunedison Inc (OTC: SUNEQ) announced after Friday's market close that a U.S. Bankruptcy Court granted the relief it requested in key first day motions related to ordinary course business activities. SunEdison added that the decision includes the continuation of employee wages and benefits,...
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SunEdison Confirms It Has Filed For Chapter 11 Bankruptcy Reorganization
Thursday, April 21, 2016 - 10:28am | 338Read More...It was a matter of when, not if, Sunedison Inc (NYSE: SUNE) would file for bankruptcy. On Thursday, SunEdison made it official and announced that certain of its domestic and international subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code....
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SunEdison's Bankruptcy Announcement Imminent: Report
Monday, April 18, 2016 - 9:02am | 198Read More...Reuters reported Friday evening that Sunedison Inc (NYSE: SUNE) is preparing to file for bankruptcy as soon as Sunday evening. Reuters, citing a "person familiar with the matter," suggested that the timing of the bankruptcy hasn't been finalized yet. The company already said it requires $310...
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Sunedison Reportedly Hires Skadden And Houlihan To Aid In Restructuring Debt
Tuesday, April 12, 2016 - 2:56pm | 202Read More...Sunedison Inc (NYSE: SUNE) hired Skadden, Arps, Slate, Meagher & Flom as legal adviser and Houlihan Lokey as financial adviser as the company appears to be moving forward with its bankruptcy process. Bloomberg, citing "two sources familiar with the situation," reported the company...
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Sunedison Up 80% On No New News
Tuesday, April 5, 2016 - 12:36pm | 293Read More...Shares of Sunedison Inc (NYSE: SUNE) surged higher by more than 80 percent on Tuesday, a move which may confuse some investors as the company was reported to be close to filing for bankruptcy protection. There are no notable news reports to support the move in Sunedison's stock. The only...
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Report: Sunedison May Sell Indian Assets
Monday, April 4, 2016 - 10:40am | 232Read More...Shares of Sunedison Inc (NYSE: SUNE) crashed more than 40 percent on Monday and hit a new all-time low of $0.20 after reports surfaced the company plans on filing for bankruptcy protection in the coming weeks. Facing the looming prospect of bankruptcy, Sunedison is said to have placed all of...
