Judge Allows Calpine To Quit Paying Bondholders’ Fees
Judge Burton Lifland decided Wednesday in the U.S. Bankruptcy Court for the Southern District of New York that Calpine’s obligation to shell out roughly $350,000 a month for first-lien bondholders’ lawyers and advisers came to an end May 26, the same day that Calpine fully reimbursed the investor group with $646.1 million....
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