On October 15, 2025, the creditor’s meeting for Southern Solar’s Chapter 7 bankruptcy proceeding was held via Zoom.
During the hearing, the trustee assigned to Southern Solar’s bankruptcy asked questions related to when Southern Solar ceased operations. Southern Solar’s corporate representative, Ledio Shehi, testified under oath that Southern Solar stopped working in August of 2024 because of “bad leads” and increased interest rates leading to a decrease in sales.
A former Southern Solar customer named Michael Munoz, now “creditor,” stated that Mr. Shehi was at Mr. Munoz’s home attempting to sell Mr. Munoz solar panels earlier this year in June — despite sworn testimony by Mr. Shehi that Southern Solar was ceasing operations in August of last year.
One topic of interest concerned the purported owners of Southern Solar. At the creditor’s meeting, Mr. Shehi testified that he owned 25% of the company, Blake Bastian owned 25% of the company, and “Solatrue” owned 50%. When asked who owned Solatrue, Southern Solar’s lawyer answered instead of Mr. Shehi, claiming “many, many people” own Solatrue.
While the Chapter 7 proceeding is still early, there are already signs of apparent inconsistencies concerning the reason(s) Southern Solar declared bankruptcy. The next phase of this bankruptcy proceeding will attempt to determine what remaining assets Southern Solar may have.
Arnell Law, PLLC has requested a copy of the audio recording for the creditor’s meeting and will publish that information as soon as we obtain it.