Reliant Files Reorganization Plan For Texas Plant

Law360, New York (September 9, 2008, 12:00 AM EDT) -- Reliant Energy Channelview LP filed its Chapter 11 reorganization plan and disclosure statement Monday, completing a process that was complicated by litigation linked to the April sale of the energy plant's assets to another company.

The plan, filed in the U.S. Bankruptcy Court for the District of Delaware, came after Reliant filed five separate exclusivity extension requests, the last one coming at the end of August. The plan must be accepted by Oct. 20, according to an earlier court order.

Reliant, a subsidiary of Reliant Energy,...
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