Court Tosses Hundreds Of Claims Against Calpine
On Tuesday, U.S. Bankruptcy Judge Burton Lifland dismissed over 400 claims facing Calpine, which totaled nearly $10 billion.
“The relief requested in the objection including, without limitation, the expungement and the disallowance of these proofs of claim, is in the best interests of the debtors, their estates and their creditors,” the court ruled.
The beleaguered energy provider had filed a motion with...
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