Fri, 06 Jul 2012 06:48:52 CDT
Solar-panel manufacturer Abound Solar has filed for Chapter 7 and will liquidate the company, reports the Northern Colorado Business Report. The Longmont company, which received a $400 million federal government loan guarantee in 2010, made the filing in Delaware. The company estimates its liabilities range from $100 million to $500 million. Abound Solar's filing said the company's assets also fall into that same range. The company said no money would be available for unsecured creditors.
Read full article at: bizjournals.com