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Suntech Reaches Ch. 15 Antitrust Deal With Solyndra Trust
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Suntech Power Holdings Co. Ltd.'s foreign liquidators have struck a tentative settlement with the litigation vehicle left behind by defunct Solyndra LLC in a California price-fixing lawsuit alleging Suntech colluded with other Chinese solar panel producers to squeeze out U.S. rivals.

Suntech Reaches Ch. 15 Antitrust Deal With Solyndra Trust

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Law360, New York (March 03, 2015, 2:13 PM ET) -- Suntech Power Holdings Co. Ltd.'s foreign liquidators have struck a tentative settlement with the litigation vehicle left behind by defunct Solyndra LLC in a California price-fixing lawsuit alleging Suntech colluded with other Chinese solar panel producers to squeeze out U.S. rivals.

Terms of the settlement announced Tuesday are still being finalized and will require approval from the Cayman Islands court presiding over Suntech’s primary liquidation proceeding, according to Daniel Shamah of O’Melveny & Myers LLP, an attorney for the defunct solar panel maker’s bankruptcy administrators....

For full article: http://www.law360.com/articles/627066/suntech-reaches-ch-15-antitrust-deal-with-solyndra-trust

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