Bankruptcies

  • 4/23/2013

    Brammo raises another $4.5 million

    The southern Oregon electric motorcycle company Brammo Inc. has raised another $4.5 million in equity funding, according to a filing with the Securities and Exchange Commission. Five individuals invested…

  • 11/14/2012

    ReVolt Technology officially files bankruptcy

    The parent company of a taxpayer-backer battery technology company has filed bankruptcy in a Norwegian court. Portland-based ReVolt Technology, whose parent company is in Norway, said last month it would…

  • 9/26/2012

    PGE eats $1M in repair of vendor's botched solar installation

    Portland General Electric will pay approximately $1 million to repair fire hazards in one of seven solar rooftops installed through a partnership with ProLogis. Solar Integrated Technologies installed…

  • 9/6/2012

    Solyndra owners could get $300M in tax breaks

    The private equity firms that own Solyndra LLC could take the company out of bankruptcy and use Solyndra's losses to offset as much as $300 million in future taxes, according to the Wall Street Journal. The…

  • 1/26/2012

    Evergreen Energy files for bankruptcy

    Troubled Evergreen Energy Inc., a Denver-based company focused on clean coal that’s struggled for years, has filed for voluntary Chapter 7 bankruptcy and liquidation. Evergreen and nine of its subsidiaries…

  • 1/19/2012

    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…

  • 10/19/2011

    No trustee appointed for Solyndra bankruptcy

    Solyndra LLC has hired R. Todd Neilson as its chief restructuring officer, in place of CEO Brian Harrison who departed from the company Oct. 7. The Fremont-based solar company, which filed for bankruptcy…

  • 10/13/2011

    Solyndra CEO quits

    Solyndra Inc. has asked a bankruptcy court to allow it to hire a bankruptcy expert following the departure of CEO Brian Harrison, who left the company on Oct. 7, according to a court filing. Reuters reports…

  • 9/23/2011

    Berkman withdraws attempt to block NuScale sale

    A Florida investment fund backed by one-time Oregon-based financier Craig Berkman has backed off its attempts to block the sale of NuScale Power Inc.’s assets. A majority stake of Corvallis-based NuScale…

  • 9/22/2011

    NuScale seeks federal help to secure $30M

    As NuScale Power Inc. works to secure a $30 million investment from Fluor Corp., the federal Securities & Exchange Commission is asking a federal court judge to turn away the efforts of two parties looking…

  • 9/8/2011

    FBI searches Solyndra headquarters

    FBI agents served search warrants this morning at Solyndra, the Fremont solar company that abruptly closed last week, the San Francisco Chronicle is reporting. FBI spokeswoman Julianne Sohn said the search…

  • 9/6/2011

    Solyndra files bankrupcty, names creditors

    Solyndra Inc. officially filed for bankruptcy Tuesday morning in Delaware. The company owed lenders $783.8 million (see affidavit, page 7, here for more details) including $527.8 million to the U.S. government…

  • 9/2/2011

    Solyndra bashing is good for China

    It's been an interesting week on the sustainability beat. On Wednesday Secretary Stephen Chu was in Portland repeating his contention that sustainability and clean energy hold the same potential for our…

  • 3/4/2011

    Cascade Grain ethanol plant eyes restart

    More than a year after acquiring the Cascade Grain Products ethanol plant in Clatskanie out of bankruptcy, JH Kelly LLC is looking to start it back up. The Longview, Wash.-based industrial contractor…

  • 6/9/2010

    Pacific Ethanol to exit bankruptcy

    Shares of Pacific Ethanol Inc. soared more than 10 percent in trading Wednesday after the ethanol company announced its wholly owned subsidiary should exit bankruptcy by the end of the month. Pacific…

  • 3/9/2010

    Pacific Ethanol enters new debt agreement

    Shares of Pacific Ethanol Inc. dropped about 4 percent in trading Monday, after the ethanol producer and marketer detailed an agreement that resolves almost $35 million of debt. Socius CG II Ltd. has…

  • 3/6/2010

    Tom Harmon Logging files for Chapter 11

    Tom Harmon Logging LLC filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code Friday. The Lakeview-based logging company filed in U.S. Bankruptcy Court for Oregon. The firm…

  • 2/26/2010

    North Pacific gets court OK to sell assets

    A federal judge has approved the estimated $25 million sale of portions of North Pacific Group’s assets. Next week the court-appointed receiver in charge of the beleaguered wood products distribution…

  • 2/11/2010

    North Pacific reaches deal to sell $25 million in assets

    North Pacific Group, once Oregon’s third-largest private company, is seeking court approval to sell portions of its assets in an estimated $25 million deal that could save 100 jobs. It’s likely to…

  • 1/22/2010

    Legend Homes leverages sustainability as it exits bankruptcy

    Legend Homes will exit bankruptcy in the spring as a leaner company focused on building smaller, greener homes. In a first for Oregon, Legend’s strategy for rebuilding its bankruptcy-tarnished brand…