Solyndra LLC, the solar panel maker that received $535 million in federal loan guarantees before filing for bankruptcy last September, has filed a chapter 11 reorganization plan, Reuters reported yesterday. The proposed plan will take virtually all the remaining assets of the company and put them into the Solyndra Residual Trust. One of the plan's sponsors is Argonaut Ventures I, LLC, one of the company's largest debtors and an investment vehicle of the George Kaiser Family Foundation of Tulsa, Oklahoma. The other is Madrone Partners LP. The case is Solyndra LLC, Case No. 11-12799, U.S. Bankruptcy Court, District of Delaware.
