Dynegy's Plan To Liquidate 4 Units Wins Judge's OK

Law360, New York (March 12, 2013, 7:59 PM EDT) -- Dynegy Inc. on Tuesday scored a New York bankruptcy judge's approval to liquidate its four subsidiaries remaining in bankruptcy, allowing it to wind up operations and close a $23 million asset sale.

The confirmation of the plan resolves the affairs of the “operating debtors” — Dynegy Northeast Generation Inc., Hudson Power LLC, Dynegy Danskammer LLC and Dynegy Roseton LLC — the four wholly-owned subsidiaries of Dynegy Holdings LLC that did not exit bankruptcy as part of the reorganized company in October.

U.S. Bankruptcy Judge Cecelia G....
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Case Information

Case Title

Dynegy Holdings, LLC


Case Number

4:11-bk-38111

Court

New York Southern

Nature of Suit

Date Filed

November 7, 2011

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Companies

UK Financial Services

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