Entergy Sees Tuesday Exit From Chapter 11

Law360, New York (May 3, 2007, 12:00 AM EDT) -- The judge overseeing Entergy New Orleans Inc.’s Chapter 11 case said at a confirmation hearing Thursday that he would sign off on Entergy’s Chapter 11 plan, paving the way for the utility to emerge from bankruptcy on Tuesday, an Entergy spokesman said.

A confirmation hearing on Entergy New Orleans’ plan was held Thursday, after which the judge in charge of the hearing said that he would sign an order approving the plan on Monday, meaning that the plan’s effective date would occur the next business day,...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.