Satcon Technology Corporation Bankruptcy New Filing Alert: Order Regarding The Motion For Setoff Or Recoupment Of Claims

On March 2, 2015, an order regarding the motion for setoff or recoupment of claims was filed in the bankruptcy case of Satcon Technology Corporation and its affiliates.

The filing was assigned docket number 947 and is described on the court’s official docket as follows:

Order Approving Amended Stipulation Between Silicon Valley Bank and Trustee Granting Leave from the Automatic Stay for Silicon Valley Bank to Set Off Cash Collateral (related document(s)[932]) Order Signed on 3/2/2015. (SH)

Satcon Technology Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 17, 2012. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 12-12869. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Greenberg Traurig, LLP is acting as lead bankruptcy counsel to Satcon Technology Corporation in the bankruptcy case.


Leave a Reply