SunPower Eyes Sept. Auction As IP Objection Nixed For Now

By Ben Zigterman · August 29, 2024, 4:43 PM EDT

A Delaware bankruptcy judge on Thursday overruled an objection to bidding procedures for the assets of residential solar technology company SunPower Corp. from a former subsidiary, finding the dispute over use...

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Bankruptcy Scorecard

Summary

Residential solar technology company SunPower Corporation filed for Chapter 11 protection saying it was in a liquidity crisis due to decreased demand and has plans to sell its assets.

Case Number

24-bk-11649

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$2.01 billion

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Case Information

Case Title

SunPower Corporation

Case Number

1:24-bk-11649

Court

Delaware

Nature of Suit

Date Filed

August 05, 2024