3rd Circ. Leaves EFH Off Hook For $275M Breakup Fee
By Matt Fair ( September 13, 2018, 8:49 PM EDT) -- A divided Third Circuit panel on Thursday upheld a decision relieving the bankrupt Energy Future Holdings Inc. from paying a $275 million termination fee after a deal to sell its interest in a power distribution system to NextEra Inc. failed to win approval from Texas utility regulators....
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