Quantcast

SOUTHEAST TEXAS RECORD

Saturday, November 2, 2024

Solyndra bankruptcy trustee proposes taking over if execs keep invoking Fifth

WILMINGTON, Del. (Legal Newsline) – U.S. bankruptcy trustee Roberta DeAngelis proposes to take over management of solar panel maker Solyndra if its leaders keep pleading Fifth Amendment privilege against self incrimination.

On Sept. 30, she asked Bankruptcy Judge Mary Walrath to appoint a trustee over chief executive Brian Harrison and chief financial officer W.G. Stover.

In the alternative, she recommended conversion of Solyndra's intricate Chapter 11 rescue into a simple Chapter 7 liquidation.

Read the full story on Legal Newsline ...

ORGANIZATIONS IN THIS STORY

LmMinIngLmiWilHarrisGtU.s.SToNgMi

More News