Miller Buckfire May Gain $9M From Calpine Offering

Law360, New York (January 23, 2007, 12:00 AM EST) -- Investment firm Miller Buckfire Co. could make up to $9 million if it successfully completes a sale or offering of new equity or equity-linked securities for Calpine Corp., according to a motion the energy provider filed Friday.

Calpine is seeking court approval of an updated retention order that will provide Miller Buckfire with 1% of the first $900 million in equity sales that it can complete.

Miller Buckfire has been involved in Calpine’s bankruptcy case since the company filed for Chapter 11 in 2005. The company...
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