We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Creditors Approve Reliant Energy Channelview Plan

Law360 (November 20, 2008, 12:00 AM EST) -- All the creditors eligible to vote on Reliant Energy Channelview LP's reorganization plan have voted to adopt it, bringing the Reliant Energy subsidiary and Texas power plant operator closer to leaving Chapter 11.

Only one class, consisting of Reliant Energy Channelview's equity interests, was eligible to vote on the plan, since secured claims and general unsecured claims were unimpaired. All subclasses of equity holders voted unanimously to approve the plan, according to a vote certification filed Wednesday in the U.S. Bankruptcy Court for the District of...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.