Solar panel maker NovaSolar Inc. will have to prove that it deserves to remain in chapter 11 after allegedly failing to file certain documents, the Deal Pipeline reported yesterday. Bankruptcy Judge Charles Novack is scheduled on Aug. 2 to consider dismissing or converting the case to a chapter 7 liquidation. The court's clerk, Gloria L. Franklin, on July 10 moved the court to issue an order forcing NovaSolar to show cause why it should remain in chapter 11. In her report, Franklin said that the debtor has failed to file the requisite documents, including certain schedules. Judge Novack approved the motion on July 11.
