Edison Mission Judge Confirms Reorganization Plan

Law360, New York (March 11, 2014, 5:39 PM EDT) -- Edison Mission Energy on Tuesday received bankruptcy court approval of its reorganization plan, allowing it to sell its assets to NRG Energy Inc., exit bankruptcy free of liabilities and implement a settlement that will bring in $200 million to its parent Edison International.

U.S. Bankruptcy Judge Jacqueline P. Cox signed off on the plan in an order Tuesday, finding that the settlement between Edison International, EME and a majority of EME's senior unsecured creditors resolves all claims between EME and Edison International, contemplated in the plan is...
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