CRS Capstone Partners Provides an International Solar Company with Liquidating Trust & Litigation Support

Case Study

Industry:  Solar Power Production

Challenge:  The parent of a US solar power company filed multiple proofs of claims in bankruptcy court seeking senior priority for injections of capital into the subsidiary.

Solution:  Analyzed myriad emails and internal communications at both the parent and subsidiary to determine whether the capital infusions should be characterized as debt or equity.

Results:  Successfully argued in bankruptcy court that parent-company capital should be characterized as equity, resulting in a significant increase in recoveries to senior lenders.