Suntech commences proceeding in the United States in support of restructuring process
Chapter 15 petition filed by the Company’s restructuring professionals GEORGE TOWN, Cayman Islands, Feb. 22, 2014 /PRNewswire/ — Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the “Company” or “Suntech”) today announced that the joint provisional liquidators (the “JPLs”) of the…
Suntech signs agreement over noteholder lawsuit
BY: MAX HALL From PV Magazine U.S. noteholders have secured a pledge to have their obligations treated on an equal footing with non-U.S. creditors. Suntech can now continue with Cayman Islands liquidation proceedings. Suntech has signed an agreement with U.S.-based…
Court documents show Suntech Power shares almost worthless
From Seeking Alpha After Suntech Power (OTCPK:STPFQ) missed its $540 million bond payment on March 15, 2013, Seeking Alpha has published a number of articles explaining why the company’s shares are worthless. Despite these articles, Suntech stock has maintained some…
