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Solyndra

The firm was debtor’s counsel to Solyndra, which was a leading manufacturer and retailer of solar photovoltaic power systems for large commercial and industrial rooftop applications. The firm assisted Solyndra and its parent holding company in successfully exiting bankruptcy through a chapter 11 plan that satisfied a multitude of priority and administrative claims, resolved an employee class action and various intercreditor disputes, provided the means to maximize asset values, and preserved net operating losses at the parent level. Postconfirmation, the firm represented the trustee of the Solyndra Residual Trust created under the plan.