An effort to push the largest locally owned solar energy company into bankruptcy has ended with a settlement between the company and creditors who filed the action.

Court records show creditors of Elemental Energy LLC now wish to dismiss what's called an involuntary bankruptcy. Four creditors filed the case four months ago, saying they were owed money by Elemental, the parent company of Kailua-based Sunetric.

The four included former employee Joshua Powell, Pang Communications, Allison-Ide Structural Engineers and PLS Builders. Settlement terms were not disclosed.

ILIKAI OWNER NAMES OPERATIONS TEAM

The Ilikai Hotel has selected Colliers Monroe Friedlander as the leasing agent for the Ilikai Shops, which includes restaurant, retail and office space.

In addition, Elite Parking was selected as the Ilikai's parking operator, according to a news release from the hotel's owner, New York-based iStar Financial.

The Colliers team will be led by Jessika Fodor, Emalia Pietsch and Susan Ichimasa.

PROTEIN PRODUCTION FALLS IN SEPTEMBER

Hawai'i beef, egg and pork production fell in September, the National Agricultural Statistics Service says.

Beef production took the biggest hit, with cattle marketings falling 48 percent to 2,300 head from 4,400 head in August. The main reason was a 60 percent drop in cattle exports. The local slaughter held steady at 900 head.

Local farms produced 5.6 million eggs in September, down 3 percent from the same month a year earlier. A 5 percent decline in the number of hens laying eggs more than offset a 1 percent increase in the laying rate per hen.

Pork production totaled 225,000 pounds in September, down 5 percent from August. The number of hogs slaughtered was unchanged at 1,300, but the average weight per animal fell 4 percent to 225 pounds.

ISLE COINCIDENT INDEX DOWN 0.3 PERCENT

Hawai'i's coincident index fell by 0.3 percent in October, according a report from the Federal Reserve Bank of Philadelphia. The decline compared with a fall in the national coincident index of 0.1 percent.

The index measures economic indicators thought to closely coincide with the overall economy such as jobs, unemployment, average hours worked in manufacturing and inflation-adjusted income.