Sunedison Inc. (fka SUNEQ)

[FEED_THE_FOXES]

TERP needs to demonstrate that it is making progress to meet various SEC requirements in order to avoid suspension of its public listing. While the Briefing provides numerous alternatives to its resolution of issues with SUNE it cannot do anything without the support of both SUNE and the Bankruptcy Court. SUNE has super-majority control of TERP with its ownership of Class B shares. TERP, i.e. its non-SUNE major stockholders, is threatening lawsuits if it doesn’t get what it wants.