Court approves Solyndra’s plan to repay creditors

Solyndra, the bankrupt solar panel maker, has been given court approval for its plan to repay creditors after a bankruptcy judge overruled objections by the U.S. government, according to Reuters.

The government said the plan improperly provided $341 million in tax breaks to venture capital investors Argonaut Private Equity and Madrone Capital Partners. The government could still appeal the decision.

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