WILMINGTON, Del. - The restructuring officer of bankrupt alternative energy company Solar Trust America AG on March 5 filed a brief supporting the settlement of claims among Solar Trust, the Committee of Unsecured Creditors and Solar Trust's parent Solar Millennium AG (SMAG). Under the settlement, SMAG will reduce its claims against Solar Trust for an undisclosed amount and withdraw its opposition to Solar Trust's plan of reorganization (Official Committee of Unsecured Creditors v. Solar...(read more)Image may be NSFW.
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