Reliant Energy Channelview Plan Headed For Vote

Law360, New York (October 16, 2008, 12:00 AM EDT) -- A bankruptcy judge has approved the Chapter 11 disclosure statement of Reliant Energy Channelview LP, a Reliant Energy subsidiary that operates a power plant project in Texas, and set a confirmation hearing for Nov. 21.

Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District of Delaware ruled Wednesday that Reliant's proposed schedule and voting procedures were fair and gave its creditors enough time to evaluate and decide on the company's Chapter 11 reorganization plan.

All votes on the plan, and any objections, must...
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