Law360, New York (June 10, 2008) -- A bankruptcy judge signed off Monday on Reliant Energy Inc.'s sale of its Channelview plant to GIM Channelview Cogeneration LLC for $500 million, negating an earlier sale the same judge approved on the condition that an open auction be held.
Reliant said in a filing with the U.S. Securities and Exchange Commission on Tuesday that it expects the sale of the plant will provide enough money to end bankruptcy proceedings...
