Lumio Holdings, Inc.

  1. February 03, 2025

    Lumio Gets OK To Liquidate Through Ch. 11 After Asset Sale

    A Delaware bankruptcy judge on Monday approved solar panel provider Lumio Holdings Inc.'s Chapter 11 liquidation plan, months after the company agreed to sell its business to Zeo Energy Corp.

  2. January 06, 2025

    Giuliani's Held In Contempt, Terraform Founder Denies Fraud

    A Manhattan federal judge held Rudy Giuliani in contempt over a $148 million defamation judgment, after the former New York City mayor cited memory lapses during questioning about the case. Terraform Labs founder Do Kwon was arraigned in New York and denied orchestrating a $40 billion fraud, with a follow-up hearing scheduled for Jan. 8. Celsius Network appealed a Delaware bankruptcy judge's decision to deny its amended $444.6 million claim against FTX. 

  3. January 03, 2025

    Opt-Out Releases In Lumio's Ch. 11 Plan Rejected

    A Delaware bankruptcy judge Friday rejected the opt-out mechanism for obtaining releases for third parties in Solar panel provider Lumio Holdings LLC's Chapter 11 plan, but said she would allow it to solicit votes on the plan.

  4. January 02, 2025

    Lumio Says Ch. 11 Plan Releases In Line With Purdue Ruling

    Solar panel provider Lumio Holdings LLC defended its Chapter 11 plan and disclosure documents Thursday, saying the claim releases included in the plan are consensual and do not run afoul of the U.S. Supreme Court's Purdue Pharma ruling, which barred nonconsensual releases.

  5. November 04, 2024

    Purdue Buys Time For Creditor Deal, Eletson Plan Confirmed

    Facing a litigation stay deadline after the U.S. Supreme Court overturned its Chapter 11 plan, OxyContin maker Purdue Pharma was given a new one-month extension of the stay so that its creditors and the Sacklers can continue mediating to settle claims.

  6. November 01, 2024

    Lumio Gets OK For Ch. 11 Asset Sale Amid Objections

    Residential solar panel provider Lumio Holdings LLC received approval from a Delaware bankruptcy court on Friday to sell its assets to Zeo Energy Corp. — in a bid to provide $4 million in cash, transfer Zeo's shares to Lumio's major lender and assume certain liabilities.

  7. September 04, 2024

    Meet The Attorneys Leading Solar Panel Co. Lumio's Ch. 11

    Lumio, a provider of residential solar panels, is seeking Chapter 11 bankruptcy protection in Delaware, and attorneys from Morris Nichols Arsht & Tunnell LLP are advising the company as it works toward a sale of its assets by mid-October.

  8. September 04, 2024

    Solar Panel Co. Lumio Wants Asset Sale By Mid-October

    A Delaware bankruptcy judge Wednesday gave residential solar panel provider Lumio Holdings initial permission to tap into $8 million in Chapter 11 financing after hearing the company aims to have its assets sold off by mid-October.

  9. September 03, 2024

    Home Solar Panel Co. Lumio Hits Ch. 11 To Sell Assets

    Residential solar panel provider Lumio Holdings filed for Chapter 11 protection in Delaware on Tuesday, with up to $500 million in debt and a plan to sell all of its assets to its major lender.