Dynegy Puts Up Ch. 11 Liquidation Plan For NY Subsidiaries

Law360, New York (December 17, 2012, 10:22 PM EST) -- Reorganized power and energy provider Dynegy Inc. on Friday submitted a Chapter 11 liquidation plan and related disclosure statement for its four units remaining in bankruptcy, aimed at winding up those operations in the wake of the sale of two upstate New York power plants.

Filed Friday in New York bankruptcy court's Southern District, the liquidation plan and disclosure statement filed will resolve the affairs of the “operating debtors” — Dynegy Northeast Generation Inc., Hudson Power LLC, Dynegy Danskammer LLC and Dynegy Roseton LLC — the...
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