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Renewable Energy Co. Sued In Del. Over $82M 'Hostage' Loan

By Jeff Montgomery ( August 6, 2025, 5:21 PM EDT) -- Lenders to the purportedly insolvent, Chicago-based renewable energy venture Hecate Holdings LLC have sued the company in Delaware's Court of Chancery for allegedly breaching an $82 million loan agreement, holding collateral "hostage" and shifting collateral sale proceeds to unsecured accounts....

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