Calpine Creditor Fights Back In Contract Feud

Law360, New York (July 10, 2009, 12:00 AM EDT) -- One of Calpine Corp.'s creditors is challenging the rejection of his bid to reverse a bankruptcy court's dismissal of certain claims related to a contract dispute over profits from a geothermal power plant that was taken over by Calpine prior to its Chapter 11 filing.

The appeal by Robert Membreno was launched Thursday in the U.S. Court of Appeals for the Second Circuit after a federal judge on June 9 affirmed the bankruptcy court's decision granting summary judgment in favor of Calpine.

Membreno is the trustee...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.