Posts Tagged ‘finance’
Evergreen Solar Files For Chapter 11
Evergreen Solar (NASDAQ:ESLR) announced that it voluntarily filed a petition for a relief under Chapter 11 of the U.S. Bankruptcy Code. The petition was filed in the U.S. Bankruptcy Court for the District of Delaware.
As part of the restructuring, an entity formed by the supporting noteholders, ES Purchaser, entered into an asset purchase agreement with the company.
If higher or better offers for assets are not obtained, it is expected that ES Purchaser will acquire most of the company’s assets pursuant to the asset purchase agreement. As part of Evergreen Solar’s reorganization activities, the company will reduce its U.S. and European workforce by about 65 people, including suspension of operations at its Midland, Michigan filament facility.
Evergreen Solar should find initial resistance at its 50-day moving average (MA) of $0.48 and further resistance at its 200-day MA of $2.14.
Duration : 0:1:5
Rochelle on WaMu Bankruptcy Plan’s Second Failure
Sept. 16 (Bloomberg) — Bloomberg Law’s Lee Pacchia talks with Bloomberg News bankruptcy columnist and editor-at-large Bill Rochelle on September 14 about the week’s bankruptcy news and legal developments regarding Washington Mutual Inc. and a proposal to change bankruptcy court venue rules.
Duration : 0:7:34
Chapter 13 Bankruptcy
Eplains Chapter 13 bankruptcy. Feel free to ask any questions.
Duration : 0:10:54
Bankruptcy & Reorganization – Richard Croak
The Subject Matters Host Joe Condon talks with Bankruptcy Attorney at Law Richard Croak about Bankruptcy and Reorganization.
Info: www.richardcroak.com
Duration : 0:11:57
Marriage, Divorce and Bankruptcy
Bankruptcy 101; An Insiders Guide to Filing Bankruptcy by Yourself by Michael Greiner, J.D., Attorney at Law
This interview took place in January, 2011 on Point of Law with Cecil St. Pierre, produced by Justin Crown for TV Warren, Warren, M
Duration : 0:1:32
