A shareholder in the SunEdison bankruptcy case has filed a motion to meet with Judge Stuart Bernstein to discuss "enthusiastic interest" of Bank of America to finance an end to the proceedings.
Stephen A. Miller, representing himself as a shareholder of SunEdison, told Bernstein, who has overseen SunEdisons bankruptcy proceedings since the initial filing in April, that he would like to meet privately in chambers because he had developed enthusiastic interest with Bank of America to finance the emergence of sune (SunEdison) from bankruptcy, according to the filing.
"The bank must be sure the court agrees [to its involvement] before it commits financing," Miller continued. "The work [to complete the financing deal] will take between four and seven weeks."
There is no indication that the meeting has taken place or will ever take place.
Miller, a resident of Bridgeport, Conn., is a crusader against Connecticuts nuclear energy industry and has filed several lawsuits in the state suggesting that the mainstream media is a criminal conspiracy, according to his Facebook profile.
SunEdison, once the darling of Wall Street and held up as an example for other solar companies to follow, declared bankruptcy in late April after racking up $16.1 billion in debt, tied to a rapid portfolio expansion fueled by project purchases.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.