Raser Cuts Deal With Creditor To Avoid Rival Ch. 11 Plan
Evergreen-FE Lightning Dock LLC, the chief creditor to Raser’s stalled Lightning Dock geothermal project in New Mexico, moved Monday to terminate the debtor’s exclusivity and propose its own plan to pay back Lightning Dock’s creditors.
Under the existing plan, which does not consolidate its numerous debtor entities, Raser will...
To view the full article, register now.