July 12, 2021
NextEra Energy has asked a Delaware bankruptcy judge for two more months to produce documents connected to its claim for $60 million for a failed attempt to buy an Energy Future Holdings subsidiary, saying it has turned up far more documents than expected.
March 26, 2021
NextEra Energy Inc. told a Delaware bankruptcy judge Friday that it may seek to recover a $60 million administrative expense fee from unsecured creditors of former debtor Energy Future Holdings after an appeals court said NextEra may be entitled to the previously denied claim.
April 29, 2019
The U.S. Supreme Court denied a petition for a writ of certiorari from NextEra Energy Inc. Monday, effectively ending the company's pursuit of a $275 million breakup fee it says it earned from its abandoned proposal to purchase assets from bankrupt Energy Future Holdings Corp. in a Delaware Chapter 11 case.
October 26, 2018
Two debtors in the Chapter 11 case of Energy Future Holdings would split the responsibility for a $275 million breakup fee potentially owed to NextEra Energy based on their share of the proceeds from an alternate deal that closed in early 2018, a Delaware bankruptcy judge said Friday.
October 19, 2018
A Delaware bankruptcy judge on Friday delayed release of a $275 million reserve to Energy Future Holdings Inc.'s creditors pending a Third Circuit decision whether to reconsider its ruling that EFH should be freed from paying a termination fee after its deal to sell NextEra Energy Inc. its share of a power distribution system fell apart.
October 01, 2018
A Delaware bankruptcy judge won't address a $60 million expense claim from the jilted buyer of Energy Future Holdings Corp.'s assets as it relates to a cost allocation fight currently under consideration by the court after the debtor's Chapter 11 plan was confirmed earlier this year, according to a letter sent by the court Monday.
September 28, 2018
A hearing over the requested release of a $275 million fund reserve in the Chapter 11 case of Energy Future Holdings Corp. was rescheduled after attorneys for NextEra Inc. said they wouldn't be available for argument at a hearing set for Oct. 12.
September 18, 2018
NextEra, the once-proposed buyer of the assets of Energy Future Holdings Corp., told a Delaware bankruptcy judge Tuesday that it intends to seek a rehearing before the Third Circuit Court of Appeal on its right to a $275 million breakup fee after a three-judge panel denied its appeal last week.
August 23, 2018
A creditor of reorganized debtor Energy Future Holdings Inc. told a Delaware bankruptcy judge on Thursday that the proposed method of calculating the fees of parties that made a substantial contribution to the Chapter 11 cases shouldn't be allowed under the bankruptcy code.
August 02, 2018
NextEra Inc. can't recover $60 million in costs it incurred while seeking regulatory approval for its failed $19 billion acquisition of bankrupt Energy Future Holdings Inc., a Delaware bankruptcy court ruled on Wednesday, finding that NextEra's administrative claim was clearly barred by the terms of that deal.