Pension Fund Asks Court To Subpoena Calpine

Law360, New York (April 25, 2007, 12:00 AM EDT) -- A pension fund that's a party in a pending shareholder lawsuit against bankrupt Calpine Corp. has asked a federal judge to adjust the stay in the case to mandate the preservation of discovery documents.

In a motion filed Tuesday in the U.S. Bankruptcy Court for the Southern District of New York, the Hawaii Structural Ironworkers Pension Trust Fund asked for the energy company’s automatic stay to be modified to allow Calpine to be served with a document-preservation subpoena.

The motion is rooted in a lawsuit the...
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