Dorothy Ma

4 days ago | news.bloombergtax.com | Mark Chediak |Dorothy Ma

A subsidiary of Sunnova Energy International Inc. filed for bankruptcy in Texas as its parent struggled to convince creditors to give it funding to turn around its business in an out-of-court process. Houston-based Sunnova TEP Developer LLC sought Chapter 11 protection on June 1, documents in the US Bankruptcy Court for the Southern District of Texas show. The company listed assets of $100 million to $500 million and liabilities in the same range in its petition.

5 days ago | news.bloomberglaw.com | Mark Chediak |Dorothy Ma

Sunnova Energy International Inc. filed for bankruptcy after the residential solar company struggled to convince creditors to give it funding to turn around the business in an out-of-court process. The Houston-based firm sought Chapter 11 protection on June 1, documents in the US Bankruptcy Court for the Southern District of Texas show. The company listed assets of $100 million to $500 million and liabilities in the same range in its petition.

1 week ago | news.bloombergtax.com | Dorothy Ma |Molly Schuetz

EchoStar Corp., the wireless and pay-TV operator controlled by billionaire Charlie Ergen, skipped an interest payment due Friday because of uncertainty about a regulatory probe. The company said it won’t make a $326 million cash interest payment on its 10.75% senior spectrum secured notes due in 2029, citing impacts from a Federal Communications Commission review over its compliance with obligations to build a nationwide 5G network. It has a 30-day grace period to make the interest payment.

1 week ago | bloomberg.com | Dorothy Ma |Molly Schuetz

EchoStar Corporation headquarters in Englewood, Colorado. (Bloomberg) -- EchoStar Corp., the wireless and pay-TV operator controlled by billionaire Charlie Ergen, skipped an interest payment due Friday because of uncertainty about a regulatory probe.

2 weeks ago | news.bloombergtax.com | Reshmi Basu |Dorothy Ma

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