This would allow it to voluntarily reorganize and dc solar s parent company at the time was claiming 1 10 billion in assets and minimal liabilities.
Dc solar solutions inc.
In late january dc solar solutions filed for bankruptcy under chapter 11.
The building has been closed since tuesday.
They basically started taking cars computers and files.
Typically it sold them to investment funds which could claim investment tax credits worth 30.
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Specializes in the mechanical scope of commercial and utility scale pv projects for both public and private markets across the united states.
Phillips s declaration did not mention the carpoffs by name and described the businesses only as company s and company d but said the companies operated as one company and were run jointly by a husband and wife and are headquartered at 4901 park road benicia the home address of dc solar solutions and dc solar distribution.
We are not associated with california based dc solar solutions.
Any allegation that there was a ponzi scheme or anything illegal about the operation of the.
Helping to make the district the greenest most livable city in america.
Dc solar solutions was an innovative substantial and credible solar energy business.
Dc solar s headquarters was also raided by federal agents.
Instead dc solar used money from new investors to pay off old ones.
However in march the case was converted to a chapter 7 liquidation.
According to bankruptcy documents dc solar solutions designed and manufactured solar generators.
Dc solar however built and leased only a fraction of the roughly 17 000 mobile units it claimed were in use authorities said.
Witnesses saw agents seizing items.
The company has filed two bankruptcy cases for dc solar solutions and dc solar distributions in the united states bankruptcy court for the district of nevada.
It manufactured thousands of mobile solar generators which were examined and physically delivered carpoff s attorney malcolm segal said in a statement.
Disclaimer fraud alert.
