On June 10, 2015, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of Solar Trust of America, LLC and its affiliates.
The filing was assigned docket number 1135 and is described on the court’s official docket as follows:
Motion to Shorten Motion for Order Expediting Consideration of, and Shortening the Notice Period Applicable to, Motion of the Trustee Pursuant to Bankruptcy Rule 9019 for Entry of an Order Approving: (I) Settlement Agreement and Mutual Release By and Among the Trustee, the STA Trust, Former Directors and Officers of Debtor Solar Trust of America, LLC and National Union Fire Insurance Company of Pittsburgh, PA, Acting Through Its Authorized Representative, AIG Claims, Inc., as Insurer; (II) a Bar Order; and (III) a Comfort Order (related document(s)) Filed by STA Liquidation Trust. (Attachments: # (1) Exhibit A – Proposed Order) (Detweiler, Donald)
Solar Trust of America, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 2, 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 12-11136. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Young Conaway Stargatt & Taylor, LLP is acting as lead bankruptcy counsel to Solar Trust of America, LLC in the bankruptcy case.