April 28, 2024

Solyndra Gets New Leader in Bankruptcy

A bankruptcy court on Thursday approved the hiring of a chief restructuring officer at the California energy company Solyndra. R. Todd Neilson, who served as the bankruptcy trustee for the boxer Mike Tyson and the rap impresario Suge Knight, will now lead Solyndra as it struggles to emerge from bankruptcy.

The company president, Brian Harrison, who appeared before a House subcommittee on Sept. 23 but invoked the Fifth Amendment, resigned on Oct. 7, according to a court filing. Mr. Neilson is a director of Berkeley Research Group, based in Los Angeles.

Article source: http://feeds.nytimes.com/click.phdo?i=34d3edb61f37112be5b1f33a6541a3c7

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