Attempt To Chase $1.4M Claim From Calpine Denied

Law360, New York (March 2, 2007, 12:00 AM EST) -- A judge on Friday denied a motion in Calpine Corp.’s bankruptcy case filed by a financial consulting firm that asked for relief so it could go after a $1.44 million claim.

Axford Consulting LP was hoping to get exemption from an order that gave the energy provider the go-ahead to hold an auction to sell turbines – engines that extract energy from fluid.

Axford received a copy of the motion for the sale in mid-October, with details of what would be auctioned off, but did not...
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