News & Insights Client News News & Insights Client News C Street Guides SunPower’s Chapter 11 Aug 8, 2024 August 8, 2024 / O’Dwyer’s PR – C Street Advisory Group is providing strategic communications counsel to California’s SunPower Corp., which filed for Chapter 11 on August 5. At the same time, SunPower has ironed out a $45M stalking horse asset purchase agreement with Complete Solaria for its Blue Raven Solar business, new home operations, and non-installing dealer network. Tom Werner, executive chairman at SunPower, said Complete Solaria “will carry forward our vision to shape the future of residential solar as a pioneer in this space.” SunPower has asked the US Bankruptcy Court (District of Delaware) to approve the assets deal by mid- to late September. Werner is working to line up “long-term solutions for the remaining areas of our business, while maintaining our focus on supporting our valued employees, customers, dealers, builders and partners.” Founded nearly 40 years ago, SunPower registered $1.7B in 2023 revenues and posted a $247M net loss. Read full article here. Share this article Featured Insights The Comeback Playbook: How Strategic Communications and Branding Drive Corporate Turnarounds Related Articles Jun 13, 2025 Sunnova Secures Interim Court Approval for Debtor-in-Possession Financing Obtains interim approval for $90 million in debtor-in-possession financing from certain of its corporate bondholders... Read the Article Sep 9, 2024 Edgio, Inc. Launches Strategic Financial Restructuring to Facilitate Sale and Strengthen Operations Enters into Stalking Horse Asset Purchase Agreement in Connection with Contemplated In-Court Sale Process Files... Read the Article Nov 20, 2025 Lugano Diamonds & Jewelry Initiates Voluntary Chapter 11 Cases to Facilitate Value-Maximizing Sale Transaction Lugano Diamonds & Jewelry Inc. (“Lugano” or the “Company”), a designer, manufacturer, and retailer of... Read the Article Oct 29, 2025 Gamida Cell Presents Positive Initial Results on Treating Severe Aplastic Anemia (SAA) with Omidubicel Ayrmid Ltd. (“Ayrmid” or the “Company”), the parent company of Gamida Cell Inc., a cell... Read the Article Sep 29, 2025 First Brands Group Initiates Voluntary U.S. Chapter 11 Cases to Stabilize Financial Position and Facilitate Value-Maximizing Transaction Secures $1.1 billion in debtor-in-possession financing from first lien lenders to enable continued operations Chapter... Read the Article Dec 6, 2024 Celsius Begins Distributions of Funds Successfully Recovered By the Litigation Oversight Committee and Litigation Administrators Through Post Effective-Date Litigation and Asset Recoveries Announces Additional Distribution Payment of More Than $125 Million to Eligible Creditors Initial Distribution Represents... Read the Article
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