A U.S. judge granted bankruptcy protection to China's Suntech Power Holdings Co. over an objection from the remnants of failed solar panel maker Solyndra LLC, Dow Jones Daily Bankruptcy Review reported today. Bankruptcy Judge Stuart M. Bernstein on Monday granted recognition to the company under chapter 15 of the Bankruptcy Code to Suntech's restructuring case in the Cayman Islands. A trust created in the aftermath of Solyndra's collapse had argued the case was filed in bad faith. The trust is suing Suntech for $1.5 billion over alleged antitrust violations.
