Reliant-Equistar Dispute Moved To Bankruptcy Court

Law360, New York (February 8, 2008, 12:00 AM EST) -- A lawsuit brought by Equistar Chemicals against Reliant Energy Power over the ownership of a steam process plant in Texas has been moved to bankruptcy court in Delaware to coincide with a Reliant subsidiary's bankruptcy proceedings.

Judge Gregory M. Sleet wrote that transferring the case from the U.S. District Court for the Southern District of Texas “was necessary to promote judicial economy and the efficient administration of the debtor’s estate.”

In August, Reliant Energy Channelview LP, which operates one of Reliant's plants in Channelview, Texas, filed...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.