SunPower Corp. Secures Court Approval for Chapter 11 Restructuring in Delaware

SunPower Corp., a residential solar technology company, has received approval for its Chapter 11 plan from a Delaware bankruptcy judge. The plan involves distributing the proceeds from SunPower’s asset sales to its creditors. All objections to the plan have been addressed or deferred, paving the way for streamlined proceedings. For further details on the court’s decision regarding SunPower, click here.