US Power Co. Unit Files Ch. 11 As Part Of $1B Sale
EBG, represented by D.J. Baker of Latham & Watkins LLP, filed a voluntary petition in the U.S. Bankruptcy Court for the Southern District of New York. The company listed more than $1 billion each of assets and liabilities.
The bankruptcy filing is part of a previously announced deal with stalking horse bidder Constellation Energy.
Constellation will spend $1.1 billion...
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