IRS Objects To Longview Reorganization Until Taxes Are Paid

Law360, New York (February 27, 2014, 4:04 PM EST) -- The Internal Revenue Service on Thursday asked a Delaware bankruptcy judge to reject the Chapter 11 reorganization plan of Longview Power LLC, saying the company owes it more than half a million dollars in outstanding federal employment and excise taxes.

The West Virginia-based coal plant operator filed for Chapter 11 protection in August 2013, after its main facility was hampered by defects and failures that the company blamed on a group of contractors, including Siemens Energy Inc. and Foster Wheeler North America Corp. Longview President and...
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