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Tuesday, 08/14/2012 8:50:27 AM

Tuesday, August 14, 2012 8:50:27 AM

Post# of 1098
Suntech Initial GSF Litigation Succeeds!!

WUXI, China, Aug. 14, 2012 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (STP) ("Suntech" or the "Company") today announced that it has obtained court orders to freeze the worldwide assets of GSF Capital and Mr. Javier Romero and to have an independent, court-appointed manager (the "Manager") oversee their assets. In addition, the Manager has exercised the powers granted by the court to replace Mr. Romero as the manager of the general partner of the Global Solar Fund, S.C.A., Sicar (the "Fund"), thereby allowing the court-appointed Manager to take control of the Fund.

http://finance.yahoo.com/news/suntech-initial-gsf-litigation-succeeds-121100687.html
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