WILMINGTON, Del. An affiliate of Spain's troubled Abengoa SA (ABG.MC) filed for U.S. Chapter 11 bankruptcy on Wednesday, saying in court documents it had up to $10 billion in both liabilities and assets.
The filing by Abengoa Bioenergy US Holding LLC was prompted by two involuntary bankruptcy petitions earlier this month by suppliers who alleged they were owed more than $4 million.
22:12 Retail chains filing for bankruptcy protection in 201744
04:34 Toys ‘R’ Us files for bankruptcy as brick-and-mortar stores struggle to compete with online retailers32
04:17 Yoko Ono sues drinkmaker for selling 'John Lemon' soda7
18:00 Texas judge denies NFL bid to reinstate Elliott suspension26