Bicent Power Wins Approval of Ch. 11 Disclosure Statement

Law360, Wilmington (June 8, 2012, 6:40 PM EDT) -- Bicent Holdings LLC won approval on Friday  for an amended disclosure statement, allowing the bankrupt power plant operator to begin soliciting votes for its Chapter 11 reorganization plan.

Centennial Energy Holdings Inc. and Lea Power Partners LLC lodged objections last week to the original statement, claiming it failed to supply vital information to unsecured creditors. Bicent filed the amended disclosure statement on Thursday, and U.S. Bankruptcy Judge Kevin Gross agreed to sign off the revised version, noting that many of the changes were made to address the...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Bicent Holdings LLC


Case Number

1:12-bk-11304

Court

Delaware

Nature of Suit

Date Filed

April 23, 2012

Law Firms

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.