ERCOT Objection Delays Energy Co.'s Ch. 11 Confirmation

By Leslie Pappas (December 20, 2021, 8:43 PM EST) -- Entrust Energy Inc. was forced to delay confirmation of its Chapter 11 plan Monday after failing to resolve an objection to the plan from the Electric Reliability Council of Texas, the state's electric grid operator.

U.S. Bankruptcy Judge Marvin Isgur of the Southern District of Texas adjourned a virtual confirmation hearing for several hours Monday morning to allow parties to negotiate after telling the utility's attorney Jimmy D. Parrish of BakerHostetler that ERCOT seemed to have standing to object.

"I don't think there's any dispute of the facts. ERCOT claims to be your largest creditor, they're not on the committee, and under...

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!