Money | Solyndra Despite Fed Protests, Court OKs Solyndra Bankruptcy Government may appeal decision By Evann Gastaldo Posted Oct 22, 2012 12:46 PM CDT Copied In this Sept. 16, 2011 file photo the Exterior of solar-panel manufacturer Solyndra is seen in Fremont, Calif. (AP Photo/Paul Sakuma,File) Failed solar company Solyndra got court approval for its bankruptcy plan today—despite objections from the US government. The government had accused the plan of providing $341 million in improper tax breaks for investors, but a judge said the government didn't prove that the main goal of Solyndra's bankruptcy plan was to provide said tax benefits. An IRS attorney says the government may appeal, Reuters reports. Read These Next New Fox star, 23, misses first day after car troubles. Iran's supreme leader makes first public comments since ceasefire. Man accused of killing his daughters might be dead. Her blood isn't compatible with anyone else's. Report an error