December 08, 2020
Reorganized debtor Level Solar's Chapter 11 estate trustee filed an adversary complaint late Monday against cloud-based software company Salesforce alleging $30 million in damages, saying the contractor deleted Level Solar's customer database account in violation of the bankruptcy stay.
August 25, 2020
The lengthy Chapter 11 case of residential solar panel installer Level Solar Inc. moved forward Tuesday when a New York bankruptcy judge confirmed its liquidation plan in light of a series of creditor settlements that resolved all outstanding objections to the plan.
March 03, 2020
Level Solar Inc.'s scheduled hearing to approve its Chapter 11 plan disclosure statement was put on hold at the last minute Tuesday in order to work out objections from creditors who think the company's officers are getting unjustified liability releases.
December 11, 2018
The U.S. Trustee objected Tuesday to a nearly $260,000 fee request by the attorney of defunct residential solar company Level Solar Inc., telling a New York bankruptcy court it should hold off on making a decision given the estate's limited funds and "the uncertain outcome of this case."
November 06, 2018
A trustee appointed to manage the Chapter 11 proceedings for Level Solar Inc. reported Tuesday that the shuttered solar panel installer has reached terms of a settlement with its terminated former employees and is working toward a consensual plan to resolve what has for months been a contentious case.
October 01, 2018
Level Solar Inc. told a New York bankruptcy judge on Monday that Nixon Peabody LLP should be disqualified from representing two funds in the company's Chapter 11 bankruptcy proceedings, arguing that the firm had a conflict of interest and should be sanctioned.
September 28, 2018
A New York bankruptcy judge on Friday decided to keep Level Solar Inc.'s contentious bankruptcy in Chapter 11 but appointed a trustee to manage the estate, saying both decisions are in the best interest of the creditors.
August 22, 2018
Facing pressure to convert its bankruptcy case to a Chapter 7 liquidation, Level Solar Inc. on Tuesday rolled out a Chapter 11 reorganization plan, suggesting the embattled New York-based solar company could fully repay its creditors over the course of several years through a creditor trust.
August 07, 2018
A New York bankruptcy judge on Tuesday pressured an attorney for solar panel installer Level Solar Inc. to address delays in moving the company toward a restructuring plan amid calls to liquidate the estate while ordering a holdback of nearly half of his request for legal fees.
April 12, 2018
Level Solar Inc. narrowly fended off a bid by its former CEO to liquidate the case, after a New York bankruptcy judge admonished both parties for "mudslinging nonsense" at a contentious hearing Thursday while saying she would give the debtor a few more weeks to get its act together.