May 13, 2015
A Delaware bankruptcy judge on Wednesday indefinitely halted an objection from a group of Energy Future Holdings Corp. unsecured creditors to a $750 million intercompany tax claim, saying that going forward with the litigation now could disrupt extensive negotiations on the Texas power giant's bankruptcy exit plan.
May 12, 2015
Bankrupt Texas power giant Energy Future Holdings Corp. asked a Delaware bankruptcy court Monday to extend its exclusive plan period, saying it has a plan on the table now and any undue competition would mar the bankruptcy process.
May 04, 2015
A Delaware bankruptcy judge on Monday gave Energy Future Holdings Corp. the green light to begin mediation with dissident creditors but denied the power giant's request to establish a time table for its Chapter 11 plan, saying he wanted to see how things developed before setting a schedule in stone.
May 01, 2015
The indenture trustee for certain Energy Future Holdings Corp. junior bondholders on Thursday urged a Delaware bankruptcy judge to nix senior lenders' request for proceeds from a $750 million early repayment of second-lien notes, saying the funds are not subject to an outstanding make-whole obligation.
April 30, 2015
Energy Future Holdings Corp. on Wednesday derided creditor objections to a proposed timeline for leaving bankruptcy, accusing unsecured bondholders owed $2.7 billion of dragging their feet to "run out the clock" until the Texas power giant loses exclusive power to set restructuring terms.
April 28, 2015
Unsecured creditors of Energy Future Holdings Corp. are battling its attempt to set a timeline for a reorganization plan, saying Tuesday that acrimony between the Texas power giant's two divisions is nowhere near being resolved.
April 24, 2015
Unsecured creditors to Energy Future Holdings Corp. moved Thursday to force the disclosure of bids for the bankrupt power giant's treasured stake in nondebtor Oncor Electric Delivery Co. LLC, citing an "information asymmetry" they say undercuts their negotiating position.
April 22, 2015
Power giant Energy Future Holdings Corp. on Wednesday strove to end its long-running battle with senior noteholders over $431 million in make-whole premiums, urging a Delaware bankruptcy judge to reject the bondholders' attempt to lift the automatic stay and revive the asserted penalty for early repayment.
April 20, 2015
Senior bondholders took on Energy Future Holdings Corp. Monday in the latest round of their fight to recover $431 million in contested make-whole premiums, urging a Delaware bankruptcy judge to lift the automatic stay so they can undo a provision that freed the power giant from repayment penalties.
April 16, 2015
Creditors in Texas power giant Energy Future Holdings Corp.'s $42 billion bankruptcy haven't yet given up their fight for hundreds of millions of dollars in penalties they say they're owed because EFH paid off loans early, filing a trial brief Wednesday urging the court to modify the bankruptcy stay so that a key date no longer triggers the penalties.