Suntech Announces Grand Court of the Cayman Islands Grants Company's Application for Provisional Liquidation

By: Benzinga
Suntech Power Holdings (NYSE: STP ) today announced that the Grand Court of the Cayman Islands, the jurisdiction of its incorporation, has granted the Company's application for a provisional liquidation. Restructuring professionals selected by the Company from PricewaterhouseCoopers have been appointed to work with the Company's Board of Directors
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