27 September 2011

Solyndra Bankruptcy: Judge Refuses To Extend Sale Timeline

WILMINGTON, Del. -- A Delaware bankruptcy judge has refused to extend the sale timeline of failed solar-panel manufacturer Solyndra LLC, which received a half-billion-dollar federal loan and was once touted by President Barack Obama in support of his administration's economic policies.

The judge on Tuesday said the timeframe proposed by company based in Fremont, Calif., to sell its assets will remain in place. She also ordered Solyndra to have a representative at an international solar energy conference in Dallas next month to lobby potential buyers there.


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