could you elaborate on why there will be no effect. Close to none? Are you serious? The nakruptcy court will decide how this proceeds. Do you think creditors will really not go after the assests of TERP annd if so please explain your logic?
On the bright side, bankruptcy could release its yieldcos from their shackles; they are legally severable entities now worth four times as much combined as their controlling shareholder.
In a bankruptcy, which is all but certain for SUNE, creditors would also go after TerraForm assets since they are under the SunEdison umbrella. That's not releasing the shackles of SUNE, that's going down with the ship, just maybe not quite as fast.