SunPower (SPWR) files for bankruptcy
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SunPower (SPWR) Files Chapter 11
August 6, 2024 9:11 AM EDTOn August 5, 2024 (the Petition Date), SunPower (NASDAQ: SPWR) and certain of its direct and indirect subsidiaries (collectively, the Company Parties) filed voluntary petitions (the Chapter 11 Cases) under Chapter 11 of the U.S. Bankruptcy Code (the Bankruptcy Code) in the U.S. Bankruptcy Court for the District of Delaware (the Bankruptcy Court). On the Petition Date, the Company Parties filed a motion with the Bankruptcy Court seeking to jointly administer the Chapter 11 Cases under the caption In re SunPower Corporation, et al., Case No. 24-11649. The Company Parties intend to use this court-supervised process to pursue a range of... More
