Energy Future Looks To Stop Fast-Track Appeal Of $4B Deal

Law360, Wilmington (July 10, 2014, 10:04 PM EDT) -- Energy Future Holdings Corp. urged a Delaware bankruptcy judge on Thursday to reject a bid by noteholders to fast-track their appeal of a settlement that repaid $4 billion in first-lien bonds, saying there is no reason to send the matter straight to the Third Circuit.

CSC Trust Co. of Delaware — indenture trustee for $3.5 billion of first-lien notes issued by EFH subsidiary Energy Future Intermediate Holding Co. LLC — seeks to have its appeal certified direct to the Third Circuit but cannot cite a single...
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