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Energy Conversion Devices, Inc. – “363 Sale” of Solar Business Unit

By William H. Holmes on March 28, 2012
Posted in Bankruptcy, Solar

From my colleagues Erin Eliasen and David Levant:

Energy Conversion Devices, Inc. (“ECD”) and its subsidiary United Solar Ovonic LLC (“USO” and together with ECD, the “Debtors”), which manufacture lightweight, flexible PVs, have filed for chapter 11 bankruptcy and seek to sell USO’s solar business unit pursuant to section…

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