Deals
Solyndra Allowed to Auction Solar-Panel Plant Next Month
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Solyndra LLC, the bankrupt solar-panel maker, won court permission to hold an auction for a plant that was financed partly with more than $500 million in loans guaranteed by the U.S. government.
U.S. Bankruptcy Judge Mary Walrath in Wilmington, Delaware, today approved an Oct. 27 auction of Solyndra’s assets, rejecting a request from lower-ranking creditors for more time to seek potential buyers.