Calpine Creditor Looks To Settle Contract Dispute

Law360, New York (May 8, 2007, 12:00 AM EDT) -- One of Calpine Corp.’s creditors filed a motion for relief from the protective stay in the company’s Chapter 11 case on Monday, hoping to gain court approval to continue a pending California state action against a Calpine subsidiary.

The creditor, Robert Membreno, is the trustee of the SAI Trust, formerly SAI Geothermal Inc., which was a group of engineers who designed and built projects such as power plants. The company worked on a geothermal power plant in Sonoma County, Calif. called West Ford Flat in the...
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