US Trustee Says Dynegy's Disclosure Filing Is Light On Info

Law360, New York (June 28, 2012, 4:40 PM EDT) -- The U.S. trustee took issue Wednesday with Dynegy Holdings LLC's proposed plan to have nondebtor parent Dynegy Inc. join it in New York bankruptcy court as a prelude to a merger, saying the company's disclosure filings provide scant information for its creditors.

Power supplier Dynegy Holdings filed a third amended disclosure statement and reorganization plan June 8, a week after U.S. Bankruptcy Judge Cecelia G. Morris approved a major settlement between the company and its unsecured creditors. A motion supplement filed June 18 stated that while...
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