Solar Trust of America, LLC  Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On December 11, 2015, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Solar Trust of America, LLC  and its affiliates.

The filing was assigned docket number 1186 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, the Motion of the Liquidation Trustee of the STA Liquidation Trust for Entry of an Order Authorizing and Approving Asset Purchase Agreement with Palen Solar Holdings, LLC, or, in the Alternative, Approving Settlement Agreement with Palen Solar Holdings, LLC (related document(s)[1185]) Filed by STA Liquidation Trust. (Attachments: # (1) Exhibit A) (Custer, Michael)

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.


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