Ldk Solar Co. Ltd (LDKYQ) 0.1400 $LDKYQ
LDK Solar Announces Issue of Scheme Consideration to Ordinary Scheme Creditors
PR Newswire - Wed May 06, 2:15AM CDT
LDK Solar CO., Ltd. ("LDK Solar" or the "Company"
, today announced that the supervisors, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited (the "Scheme Supervisors", of the scheme of arrangement in respect of LDK Solar (the "LDK Solar Scheme" designated April 27, 2015 as the payment date for all Ordinary Scheme Creditors (as described in the LDK Solar Scheme) that elected to receive a cash distribution under the LDK Solar Scheme. The Scheme Supervisors have paid all such Ordinary Scheme Creditors who provided settlement instructions and continue to make cash distributions as and when further settlement instructions are received.
LDK Solar Announces Receipt of Deal of the Year Award for Offshore Restructuring
PR Newswire - Tue May 05, 2:15AM CDT
LDK Solar CO., Ltd. ("LDK Solar" or the "Company" today announced that, on April 28, 2015, the LDK Solar offshore financial restructuring was awarded "Cross Border Deal of the Year - U.S.-Asia Region" at the 7th Annual International M&A Awards by The M&A Advisor.
LDK Solar Announces Successful Conclusion of Provisional Liquidation
PR Newswire - Wed Apr 08, 12:15PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators ("JPLs", Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that on April 7, 2015 the Grand Court of the Cayman Islands ordered that, effective on April 21, 2015, the JPLs will be discharged from their duties and the winding up petition presented by the Company on February 21, 2014 will be dismissed.
LDK Solar: Opportunity As Company Looks To Emerge From Bankruptcy
Bledsoe Research Group - at Seeking Alpha - Thu Feb 19, 11:01AM CST
LDK Solar Announces Extraordinary General Meeting Results
PR Newswire - Thu Jan 22, 3:15PM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar", OTC Pink: LDKYQ) today announced the results of its Extraordinary General Meeting ("EGM" held on January 22, 2015 in Hong Kong. At the EGM, the shareholders in attendance approved all of the resolutions proposed in the EGM notice, including: the adoption of the 2013 annual report; the confirmation and re-election of directors, Maurice Wai-fung Ngai (independent director), Ceng Wang (independent director) and Shi Chen (non-executive director). The total number of members of the board of directors of LDK Solar remains at seven. KPMG was re-appointed as LDK Solar's outside auditors for fiscal year 2014. The EGM also approved an amendment to LDK Solar's memorandum of association to increase its authorized share capital to US $500,000,000.
LDK Solar completes hydrochlorination project in PRC
M2 - Mon Jan 05, 5:58AM CST
LDK Solar CO Ltd in provisional liquidation (OTC Pink: LDKYQ) announced today that its polysilicon plant located in Mahong, Jiangxi, completed its hydrochlorination reengineering project and successfully produced trichlorosilane during its first production run on 27 December 2014.
LDK Solar Announced Successful Completion of Hydrochlorination Project
PR Newswire - Mon Jan 05, 2:15AM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar", OTC Pink: LDKYQ) announced today that, its polysilicon plant located in Mahong, Jiangxi completed its hydrochlorination reengineering project and successfully produced trichlorosilane during its first production run on December 27, 2014. Trichlorosilane is the most critical material for polysilicon manufacturing process. The trichlorosilane produced by Mahong Plant meets the national standard of the People's Republic of China. Moreover, the hydrochlorination process is clean, environmentally friendly with lower manufacturing costs.
LDK Solar Enters into Settlement and Mutual Release with SPI
PR Newswire - Wed Dec 31, 3:15PM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" announced today that, its subsidiary, LDK Solar International Company Limited ("LDK Solar HK", has entered into a settlement and mutual release agreement with Solar Power, Inc. ("SPI", an associate with approximately 30% equity investment by LDK Solar. Pursuant to the arrangement, LDK Solar HK agreed to release and discharge SPI from all actions, claims, demands, damages, obligations, liabilities, controversies and executions arising out of SPI's payables of approximately $46 million to LDK Solar HK and subsidiaries, in exchange for a settlement amount of $11 million, in addition to the $17 million already paid by SPI. Pursuant to the settlement and mutual release agreement, SPI will pay the $11 million additional settlement amount in seven installments before December 31, 2015 in accordance with an agreed schedule. Unless extended with mutual agreement, LDK Solar HK is entitled to revoke the settlement arrangement should SPI default in the payment of any agreed installment for more than 30 days.
Chinese solars rally after Brean raises M&A possibilities
Seeking Alpha - at Seeking Alpha - Wed Dec 31, 12:43PM CST
YGE: 1.49 (-0.21), JASO: 9.50 (-0.61), DQ: 24.93 (-0.57), TSL: 11.97 (-0.35), JKS: 28.97 (-0.43)
LDK Solar Confirms Closing Date of Restructuring Transactions
PR Newswire - Thu Dec 18, 2:15AM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" announced today that, pursuant to the terms of the Cayman Islands schemes of arrangement in respect of LDK Solar and LDK Silicon & Chemical Technology Co., Ltd. ("LDK Silicon" and the Hong Kong schemes of arrangement in respect of LDK Solar, LDK Silicon and LDK Silicon Holding Co., Limited (the "Schemes", the closing date for the restructuring transactions in respect of LDK Solar's senior noteholders and preferred shareholders, as contemplated in the Schemes, occurred on December 17, 2014.
LDK Solar Announces New Module Sales Agreement
PR Newswire - Fri Dec 12, 2:15AM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" or the "Company" today announced that its Chinese subsidiary, LDK Solar Hi-Tech (Nanchang) Co., Ltd. ("LDK Solar Nanchang", has signed a new module supply agreement with Ningxia Hui Autonomous Region Electric Power Design Institute, a leading EPC company in China and owned by Power Construction Corporation of China. Under terms of the agreement, LDK Solar Nanchang will provide modules totaling 30.6 megawatts for a solar project in Ningxia with shipments commencing immediately.
LDK Solar Schemes of Arrangement Become Effective
PR Newswire - Wed Dec 10, 10:59PM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" and its Joint Provisional Liquidators ("JPLs", Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that the Cayman Islands schemes of arrangement in respect of LDK Solar and LDK Silicon & Chemical Technology Co., Ltd. ("LDK Silicon" and the Hong Kong schemes of arrangement in respect of LDK Solar, LDK Silicon and LDK Silicon Holding Co., Limited (the "Schemes" became effective as of December 10, 2014. The Cayman Islands schemes of arrangement were previously sanctioned by the Grand Court of the Cayman Islands (the "Cayman Court", and the Hong Kong schemes of arrangement were previously sanctioned by the High Court of Hong Kong.
LDK Solar's US Chapter 11 plan confirmed
M2 - Mon Nov 24, 7:11AM CST
LDK Solar CO Ltd in provisional liquidation (LDK Solar) (OTC:LDKSY) and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced on Monday that on 21 November 2014, Judge Peter J. Walsh of the US Bankruptcy Court for the District of Delaware entered an order confirming the prepackaged plan of reorganisation (the Chapter 11 Plan) for the three US subsidiaries of LDK Solar, namely LDK Solar Systems Inc, LDK Solar USA Inc and LDK Solar Tech USA Inc. (collectively, the US debtors).
LDK Solar Announces Confirmation of U.S. Chapter 11 Plan, Recognition of Cayman Islands Proceeding and U.S. Enforcement of Cayman Islands Scheme of Arrangement
PR Newswire - Mon Nov 24, 2:15AM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that, on November 21, 2014, Judge Peter J. Walsh of the United States Bankruptcy Court for the District of Delaware (the "U.S. Bankruptcy Court" entered an order (the "Confirmation Order" confirming the prepackaged plan of reorganization (the "Chapter 11 Plan" for the three U.S. subsidiaries of LDK Solar -- LDK Solar Systems, Inc., LDK Solar USA, Inc. and LDK Solar Tech USA, Inc. (collectively, the "U.S. Debtors". The U.S. Debtors previously filed voluntary petitions in the U.S. Bankruptcy Court on October 21, 2014 to reorganize under Chapter 11 of the United States Bankruptcy Code.
LDK Solar Announces Sanction of Hong Kong Schemes
PR Newswire - Tue Nov 18, 10:15AM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that, on November 18, 2014, the High Court of Hong Kong sanctioned the Hong Kong schemes of arrangement of LDK Solar and its subsidiaries, LDK Silicon & Chemical Technology Co., Ltd. and LDK Silicon Holding Co., Limited, each as previously approved by scheme creditors at their class meetings held on October 17, 2014.
LDK Solar Announces Sanction of Cayman Islands Scheme
PR Newswire - Mon Nov 10, 2:15AM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that, on November 7, 2014, the Grand Court of the Cayman Islands sanctioned the Cayman Islands schemes of arrangement of LDK Solar and its subsidiary, LDK Silicon & Chemical Technology Co., Ltd., each as previously approved by scheme creditors at their class meetings held on October 16, 2014.
LDK Solar Announces Issue of Scheme Consideration to Ordinary Scheme Creditors
PR Newswire - Wed May 06, 2:15AM CDT
LDK Solar CO., Ltd. ("LDK Solar" or the "Company"
, today announced that the supervisors, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited (the "Scheme Supervisors", of the scheme of arrangement in respect of LDK Solar (the "LDK Solar Scheme" designated April 27, 2015 as the payment date for all Ordinary Scheme Creditors (as described in the LDK Solar Scheme) that elected to receive a cash distribution under the LDK Solar Scheme. The Scheme Supervisors have paid all such Ordinary Scheme Creditors who provided settlement instructions and continue to make cash distributions as and when further settlement instructions are received. LDK Solar Announces Receipt of Deal of the Year Award for Offshore Restructuring
PR Newswire - Tue May 05, 2:15AM CDT
LDK Solar CO., Ltd. ("LDK Solar" or the "Company"
today announced that, on April 28, 2015, the LDK Solar offshore financial restructuring was awarded "Cross Border Deal of the Year - U.S.-Asia Region" at the 7th Annual International M&A Awards by The M&A Advisor. LDK Solar Announces Successful Conclusion of Provisional Liquidation
PR Newswire - Wed Apr 08, 12:15PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs", Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that on April 7, 2015 the Grand Court of the Cayman Islands ordered that, effective on April 21, 2015, the JPLs will be discharged from their duties and the winding up petition presented by the Company on February 21, 2014 will be dismissed. LDK Solar: Opportunity As Company Looks To Emerge From Bankruptcy
Bledsoe Research Group - at Seeking Alpha - Thu Feb 19, 11:01AM CST
LDK Solar Announces Extraordinary General Meeting Results
PR Newswire - Thu Jan 22, 3:15PM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar", OTC Pink: LDKYQ) today announced the results of its Extraordinary General Meeting ("EGM"
held on January 22, 2015 in Hong Kong. At the EGM, the shareholders in attendance approved all of the resolutions proposed in the EGM notice, including: the adoption of the 2013 annual report; the confirmation and re-election of directors, Maurice Wai-fung Ngai (independent director), Ceng Wang (independent director) and Shi Chen (non-executive director). The total number of members of the board of directors of LDK Solar remains at seven. KPMG was re-appointed as LDK Solar's outside auditors for fiscal year 2014. The EGM also approved an amendment to LDK Solar's memorandum of association to increase its authorized share capital to US $500,000,000. LDK Solar completes hydrochlorination project in PRC
M2 - Mon Jan 05, 5:58AM CST
LDK Solar CO Ltd in provisional liquidation (OTC Pink: LDKYQ) announced today that its polysilicon plant located in Mahong, Jiangxi, completed its hydrochlorination reengineering project and successfully produced trichlorosilane during its first production run on 27 December 2014.
LDK Solar Announced Successful Completion of Hydrochlorination Project
PR Newswire - Mon Jan 05, 2:15AM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar", OTC Pink: LDKYQ) announced today that, its polysilicon plant located in Mahong, Jiangxi completed its hydrochlorination reengineering project and successfully produced trichlorosilane during its first production run on December 27, 2014. Trichlorosilane is the most critical material for polysilicon manufacturing process. The trichlorosilane produced by Mahong Plant meets the national standard of the People's Republic of China. Moreover, the hydrochlorination process is clean, environmentally friendly with lower manufacturing costs.
LDK Solar Enters into Settlement and Mutual Release with SPI
PR Newswire - Wed Dec 31, 3:15PM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar"
announced today that, its subsidiary, LDK Solar International Company Limited ("LDK Solar HK", has entered into a settlement and mutual release agreement with Solar Power, Inc. ("SPI", an associate with approximately 30% equity investment by LDK Solar. Pursuant to the arrangement, LDK Solar HK agreed to release and discharge SPI from all actions, claims, demands, damages, obligations, liabilities, controversies and executions arising out of SPI's payables of approximately $46 million to LDK Solar HK and subsidiaries, in exchange for a settlement amount of $11 million, in addition to the $17 million already paid by SPI. Pursuant to the settlement and mutual release agreement, SPI will pay the $11 million additional settlement amount in seven installments before December 31, 2015 in accordance with an agreed schedule. Unless extended with mutual agreement, LDK Solar HK is entitled to revoke the settlement arrangement should SPI default in the payment of any agreed installment for more than 30 days. Chinese solars rally after Brean raises M&A possibilities
Seeking Alpha - at Seeking Alpha - Wed Dec 31, 12:43PM CST
YGE: 1.49 (-0.21), JASO: 9.50 (-0.61), DQ: 24.93 (-0.57), TSL: 11.97 (-0.35), JKS: 28.97 (-0.43)
LDK Solar Confirms Closing Date of Restructuring Transactions
PR Newswire - Thu Dec 18, 2:15AM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar"
announced today that, pursuant to the terms of the Cayman Islands schemes of arrangement in respect of LDK Solar and LDK Silicon & Chemical Technology Co., Ltd. ("LDK Silicon" and the Hong Kong schemes of arrangement in respect of LDK Solar, LDK Silicon and LDK Silicon Holding Co., Limited (the "Schemes", the closing date for the restructuring transactions in respect of LDK Solar's senior noteholders and preferred shareholders, as contemplated in the Schemes, occurred on December 17, 2014. LDK Solar Announces New Module Sales Agreement
PR Newswire - Fri Dec 12, 2:15AM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
today announced that its Chinese subsidiary, LDK Solar Hi-Tech (Nanchang) Co., Ltd. ("LDK Solar Nanchang", has signed a new module supply agreement with Ningxia Hui Autonomous Region Electric Power Design Institute, a leading EPC company in China and owned by Power Construction Corporation of China. Under terms of the agreement, LDK Solar Nanchang will provide modules totaling 30.6 megawatts for a solar project in Ningxia with shipments commencing immediately. LDK Solar Schemes of Arrangement Become Effective
PR Newswire - Wed Dec 10, 10:59PM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar"
and its Joint Provisional Liquidators ("JPLs", Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that the Cayman Islands schemes of arrangement in respect of LDK Solar and LDK Silicon & Chemical Technology Co., Ltd. ("LDK Silicon" and the Hong Kong schemes of arrangement in respect of LDK Solar, LDK Silicon and LDK Silicon Holding Co., Limited (the "Schemes" became effective as of December 10, 2014. The Cayman Islands schemes of arrangement were previously sanctioned by the Grand Court of the Cayman Islands (the "Cayman Court", and the Hong Kong schemes of arrangement were previously sanctioned by the High Court of Hong Kong. LDK Solar's US Chapter 11 plan confirmed
M2 - Mon Nov 24, 7:11AM CST
LDK Solar CO Ltd in provisional liquidation (LDK Solar) (OTC:LDKSY) and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced on Monday that on 21 November 2014, Judge Peter J. Walsh of the US Bankruptcy Court for the District of Delaware entered an order confirming the prepackaged plan of reorganisation (the Chapter 11 Plan) for the three US subsidiaries of LDK Solar, namely LDK Solar Systems Inc, LDK Solar USA Inc and LDK Solar Tech USA Inc. (collectively, the US debtors).
LDK Solar Announces Confirmation of U.S. Chapter 11 Plan, Recognition of Cayman Islands Proceeding and U.S. Enforcement of Cayman Islands Scheme of Arrangement
PR Newswire - Mon Nov 24, 2:15AM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar"
and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that, on November 21, 2014, Judge Peter J. Walsh of the United States Bankruptcy Court for the District of Delaware (the "U.S. Bankruptcy Court" entered an order (the "Confirmation Order" confirming the prepackaged plan of reorganization (the "Chapter 11 Plan" for the three U.S. subsidiaries of LDK Solar -- LDK Solar Systems, Inc., LDK Solar USA, Inc. and LDK Solar Tech USA, Inc. (collectively, the "U.S. Debtors". The U.S. Debtors previously filed voluntary petitions in the U.S. Bankruptcy Court on October 21, 2014 to reorganize under Chapter 11 of the United States Bankruptcy Code. LDK Solar Announces Sanction of Hong Kong Schemes
PR Newswire - Tue Nov 18, 10:15AM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar"
and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that, on November 18, 2014, the High Court of Hong Kong sanctioned the Hong Kong schemes of arrangement of LDK Solar and its subsidiaries, LDK Silicon & Chemical Technology Co., Ltd. and LDK Silicon Holding Co., Limited, each as previously approved by scheme creditors at their class meetings held on October 17, 2014. LDK Solar Announces Sanction of Cayman Islands Scheme
PR Newswire - Mon Nov 10, 2:15AM CST
LDK Solar CO., Ltd. in provisional liquidation ("LDK Solar"
and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that, on November 7, 2014, the Grand Court of the Cayman Islands sanctioned the Cayman Islands schemes of arrangement of LDK Solar and its subsidiary, LDK Silicon & Chemical Technology Co., Ltd., each as previously approved by scheme creditors at their class meetings held on October 16, 2014. 
