Lender Make-Whole Bid Risks 'Disaster,' EFH Tells 3rd Circ.
By Jeff Montgomery ( June 9, 2016, 10:19 PM EDT) -- Bankrupt Energy Future Holdings told the Third Circuit on Wednesday that company creditors are writing a "prescription for disaster" with demands for a $431 million prepayment surcharge based on the company's payoff of a debt automatically accelerated by its Chapter 11 filing in 2014....
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