Optim Energy Creditor Can't Challenge $700M Cascade Claim

By Matt Chiappardi (May 13, 2014, 9:09 PM EDT) -- A Delaware bankruptcy judge ruled Tuesday that power plant operator Optim Energy LLC's creditor and coal supplier Walnut Creek Mining Co. did not have standing to challenge the characterization of a roughly $700 million secured claim by the company's nondebtor parent, Bill Gates' Cascade Investment LLC....

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