64% of the voting rights were held by SunEdison. No ownership of the physical assets.
No relationship other than selling their assets to the highest bidder. Apparently you're unfamiliar with a fire-sale.
Goldman Sachs is free to loan to whomever they want at what ever interest they want. They're an investment bank which also transacts corporate loans.
It's not a complete liquidation. It's a shareholder wipe due to the priority rule of bankruptcy cases. Happens ALL the time. The company is still going forth in a turnaround, except without current shareholders. Completely legal and happens ALL the time.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.