Judge Expands Dynegy Holdings Examiner's Role

Law360, New York (March 12, 2012, 7:36 PM EDT) -- A New York bankruptcy judge put Dynegy Holdings LLC's bankruptcy proceeding on hold Monday while instructing the debtor and creditors to undergo mediation overseen by the examiner who found that Holdings' transfer of coal assets to parent Dynegy Inc. defrauded creditors.

Chief U.S. Bankruptcy Judge Cecelia G. Morris continued examiner Susheel Kirpalani's appointment and extended his role to include that of mediator between Dynegy and its creditors, telling the parties to come back for an April 4 hearing at which Kirpalani must provide a progress report...
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