SUNEQ-Equity

For: SunEdison Shareholders
Organizer: SunEdison Shareholders
$158,775
of $200,000 goal.
Raised by 487 donors
79% Complete
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The Story

We are an aggregation of several groups that have united to conserve our Equity interests in the SunEdison, Inc., Chapter 11 Bankruptcy cases.

Our goal is to show to the Court in pleadings and arguments that current ‘SUNEQ’ Equity Holders can and will make unique and valuable contributions in shepherding these cases to a successful conclusion.

In our (and our counsel’s) views, the optimal end result of these efforts will be an Official Committee of Equity Security Holders which will influence a Plan of Reorganization that maximizes the value of the estate and also provides for a recovery for current SUNEQ shareholders.

The Bankruptcy Code’s original intent was to balance the forces of ‘economic efficiency’ and ‘procedural fairness’ in Chapter 11 cases.   Over the past two decades, however, the balance has swung to unfairly privilege senior creditors who have then profited on the backs of shareholders, receiving well more than a full recovery.  

That trend needs to be stopped.

Our Equity Holders group is excited and privileged to have Nastasi Partners leading our efforts toward a recovery. Ancela Nastasi is a highly regarded veteran and scholar of the Bankruptcy Code.  She is a true warrior for Justice, keenly aware of the systemic imbalances favoring creditors which have taken strong hold in the dynamics of Chapter 11 cases over the past two decades.  She recognizes that if this fulcrum is to be pushed back toward fairness, cases like SunEdison’s are extremely important to affect. Teaming up with Nastasi Partners is our Valuation Component comprised of The Stone Turn Group and Energyzt.

Now is the time for Equity to join with other impaired parties in the effort to craft a Plan of Reorganization that maximizes the value of the estate.

Due to the complexity of these cases, Equity Holders may need to fight several battles (for example, Avoidance Actions and Yieldcos Settlements) before it can gain “Official” status as a committee.   We need contributions from anyone with an interest in seeing any value returned of our SUNE common stock investments.

Please visit our website at www.suneq-equity.com for more information

We hope you will join us and contribute!

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