Bosque Power Fires Up Ch. 11 Petition

Law360, New York (March 24, 2010, 6:10 PM EDT) -- Bosque Power Co. LLC and five of its affiliates launched a petition for Chapter 11 bankruptcy protection Wednesday, listing both debts and assets of between $100 million and $500 million.

The Laguna Park, Texas-based electricity generator lodged the petition in the U.S Bankruptcy Court for the Western District of Texas, saying it had between 50 and 99 creditors.

At the top of the list of unsecured creditors is General Electric International, with a claim for roughly $257,000, and Fortune Electric Co. Ltd., with a claim for...
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