PosiGen, PBC, Debtor
Case Number:
4:25-bk-90787
Court:
Nature of Suit:
Firms
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December 19, 2025
What's Happening In Bankruptcy Court This Coming Week
A magnesium producer will ask for final approval of a debtor-in-possession loan funded by its parent company, a heavy machine retailer is asking for approval of its Chapter 11 liquidation plan after selling its business as a going concern, and auto parts giant First Brands has asked a judge to approve procedures it says will assuage concerns about its restructuring process.
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December 16, 2025
US Trustee Objects To PosiGen's Exec Bonuses In Ch. 11
The U.S. Trustee's Office has urged a Texas bankruptcy judge to reject solar panel company PosiGen's proposal to pay performance bonuses to its executives during its Chapter 11 case, arguing that the plan functions as an insider retention program in direct violation of the Bankruptcy Code.
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December 12, 2025
Lender Says PosiGen Got $25M Loan With Fraud
A lender to PosiGen has filed an objection in Texas bankruptcy court to the bankrupt solar panel leasing company's request to use its cash, saying some of that money is from a $25 million loan PosiGen obtained through fraud.
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December 09, 2025
PosiGen Is Using Stolen Cash To Fund Ch. 11, Solar Co. Says
A solar project financing company alleged that bankrupt solar panel leasing firm PosiGen failed to pass along $10.5 million in project revenue, asking a Texas bankruptcy judge to intervene.
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December 03, 2025
Meet The Attys Advising Solar Co. PosiGen In Ch. 11
Residential solar panel company PosiGen has assembled a team of lawyers from White & Case LLP to see it through Chapter 11 proceedings as it seeks to address at least $100 million in debt.
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December 02, 2025
Catching Up With New Bankruptcy Case Action
A solar energy business sought bankruptcy protection in Texas. The foreign representative of a consultancy founder's bankruptcy estate sought recognition of his Canadian insolvency proceedings. And a landlord in the Bronx entered Chapter 11.