Rosetta Throws Stone At Calpine's Chapter 11 Plan

Law360, New York (June 25, 2007, 12:00 AM EDT) -- A week after Calpine Corp. presented the court with its bankruptcy exit strategy, the energy giant has drawn fire from Rosetta Resources Inc., which is fighting back against allegations that there was something amiss in its past purchase of some of Calpine's assets.

On Monday, the independent oil and gas company blasted Calpine over its assertion that it will seek to recover additional amounts from Rosetta regarding its July 2005 purchase of Calpine's remaining oil and gas assets.

“Rosetta is confident that Calpine received full and...
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