A Powerful Win
March 14, 2019
Michael Lichtenstein, Chair of Shulman Rogers’ Bankruptcy/Restructuring group, represented Redox Power Systems, LLC, a solid oxide fuel cell company, in its Chapter 11 proceeding. After four months of intense litigation and a four day contested confirmation hearing, the United States Bankruptcy Court for the District of Maryland confirmed Redox’s plan of reorganization in a 32-page opinion. Redox’s 22 employees can now focus on continuing to develop the technology which will reduce the size, weight and cost of reliable on-site generation of electricity.