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TerraForm Power (TERP) Files Initial Proof of Claim in SunEdison's Chapter 11 Bankruptcy

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TerraForm Power (TERP), Tepper's Appaloosa Enter Agreement to Resolve Stockholder Derivative Suit

September 28, 2016 6:24 AM EDT

TerraForm Power, Inc. (Nasdaq: TERP) announced that it has reached a settlement agreement with Appaloosa Investment Limited Partnership I (Appaloosa) to resolve its stockholder derivative suit, as well as derivative claims by stockholders relating to the Vivint Solar transaction, filed with the Court of Chancery of the State of Delaware (the Court). The settlement is subject... More

TerraForm Global (GLBL) Files Initial Proof of Claim in SunEdison's Chapter 11 Bankruptcy

September 26, 2016 6:20 AM EDT

TerraForm Global, Inc. (Nasdaq: GLBL) and TerraForm Global, LLC announced that it has made available to certain representatives and creditors of SunEdison, Inc. and its debtor subsidiaries (SunEdison) information about the Companys claims and defenses against SunEdison and has filed its initial proof of claim in SunEdisons Chapter 11 bankruptcy case. The Company is making the following information available to all stakeholders of the Company in order to encourage stakeholder input as to the terms of a potential settlement.

TerraForm Global previously announced that it would have to file its proofs of claim... More