Mon Jun 6, 2016 8:40am EDT Bankrupt SunEdison says shareholders should expect no recovery By Jim Christie
June 6 -
Bankrupt SunEdison Inc does not believe its shareholders will recover anything from the Chapter 11 case and is urging a judge to reject their efforts to form an official committee to represent them.
"Simply put, there is no basis to conclude that there will be any recovery - let alone a 'meaningful' one - for equity holders," SunEdison said in court papers on Thursday.
To read the full story on WestlawNext Practitioner Insights, click here: bit.ly/1X6LghQ