Hints and tips:
...“The parties are going at each other with claws,” said Bennett Gershman, a former prosecutor in the New York state anti-corruption office who teaches law at Pace University....
...UBS has appointed Nestor Paz-Galindo global co-head of M&A; Philipp Beck head of M&A for the Emea region; and David Descoteaux and Solon Kentas co-heads of M&A for the Americas region....
...As global solar panel makers undergo a period of painful consolidation – one that has already claimed several bankruptcies including Q-cells and Solon in Germany to Solyndra and Evergreen Solar in the US...
...The company at the time said debt reduction and “financial restructuring” would allow Solon to strengthen its equity base....
...another week of bad news, as BP announced it was closing down its solar energy business and Solar Millennium became the second German solar company to file for insolvency in eight days, after Berlin-based Solon...
...In Germany, Solon, a Berlin-based solar equipment manufacturer, became the country’s largest victim of the industry’s crisis when it filed for creditor protection....
...It also comes amid insecurity for the global solar industry, after US manufacturer Solyndra filed for bankruptcy, Germany’s Solon filed for creditor protection and BP said it would close its solar division...
...Elsewhere in the sector, US-based Evergreen Solar filed for bankruptcy protection and Solon of Germany dismissed 15 per cent of its workforce....
...In the past few days, US-based Evergreen Solar filed for bankruptcy protection and Germany’s Solon said it would dismiss 15 per cent of its domestic workforce and shut a US facility....
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