No Solyndra bids by deadline
Solyndra LLC reportedly hasn't received any bidders by its Tuesday deadline, according to a Thomson Reuters story Wednesday. A buyer could have helped the bankrupt Fremont-based solar panel maker restart production, hire some of its laid off staff and continue operating.
According to the story: "Court documents suggest that auctioneers who have already been retained will soon begin a piecemeal sale of the remaining production equipment and real estate."
Lawyers representing former Solyndra employees have also asked a bankruptcy court judge not to grant the company's request to pay a half million dollars in bonuses to 21 current employees.
Solyndra last week asked for permission from U.S. Bankruptcy Court to pay nearly two dozen employees bonuses of between $10,000 and $50,000.
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