Texas Freeze Makes Frontera Ch. 11 Loan More Critical

Law360 (February 23, 2021, 8:46 PM EST) -- Attorneys for Texas power generating station owner Frontera Holdings LLC said last week's crippling winter weather forced it to shut down its plants for nine days and the ensuing loss of revenue increased the need for another $40 million in Chapter 11 financing.

During a virtual hearing Tuesday, debtor attorney Matthew C. Fagen said the power station is fueled by natural gas and that its gas supply was cut off due to the storm, leading to potential breaches of minimum capacity contracts with the regulators of the power grid in Mexico, where all of Frontera's output is sold.

"We are in...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!