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The Mantria Corporation Ponzi scheme has been described as the "biggest green energy scam" in United States history. [1] A Federal judge in the Securities and Exchange Commission's civil case found Mantria had scammed more than $54.5 million “by egregiously, recklessly, knowingly, and shamelessly perpetrating a fraudulent scheme” that used “misrepresentations, omissions, and blatant lies ...
This is a list of Supreme Court of the United States cases in the area of bankruptcy. This list is a list solely of United States Supreme Court decisions about applying law related to bankruptcy. Not all Supreme Court decisions are ultimately influential and, as in other fields, not all important decisions are made at the Supreme Court level.
The company was founded in 2008 in Concord, California, by Jeffrey Carpoff, an auto mechanic. [5] [6] Berkshire Hathaway invested $340 million in the company. [7]The company supplied solar panels, named Solar Eclipse, [8] to various higher education facilities (using a subsidiary, DC Solar Freedom, for education-related partnerships) such as California State University and Long Beach City ...
Pink Energy claims it has more than $138 million in debts and at least $100 million in assets, according to court documents. The Charlotte Business Journal first reported on the bankruptcy filing.
Tonopah Solar Energy filed for bankruptcy on July 30, 2020. [19] Pending the approval of the bankruptcy court, a $200 million settlement with the remaining debtors — Tonopah Solar Energy LLC and ACS Cobra — for the return of taxpayer dollars was also announced at the end of July 2020. [31]
The bankruptcy court approved the hiring of the chief restructuring officer Todd Neilson. [31] In 2012, the US Department of Justice objected to the bankruptcy plan amid allegations that "the plan's primary purpose is tax avoidance through the preservation of hundreds of millions of dollars of net operating losses (NOL) after reorganization".
Brazil’s high solar irradiation has positioned the country as a major player in solar energy production, with a capacity that has grown from under 2GW in 2017 to over 35GW in 2024. As demand for renewable energy continues to rise, SolarShare presents a timely solution by making solar energy investments accessible on a global scale.
On May 20, 2016, Intervention Energy Holdings filed for Chapter 11 bankruptcy and EIG filed a lawsuit to stop the process stating that according an agreement, Intervention could not file for bankruptcy protection without 100% of shareholder votes. As EIG did not vote to support it, Intervention was in breach of contract.