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 He went to kill a Cape buffalo. Instead, it killed him. 5 soldiers shot at largest Army installation east of the Mississippi. Elon Musk's infamous '5 things' email just got the boot. The Sunshine State is putting its robotic rabbit army to work. Report an error