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Dynegy Holdings, LLC

  1. April 04, 2012

    Dynegy, Creditors Reach Deal Over Bankrupt Subsidiary

    Power company Dynegy Inc. has reached an agreement in principle with creditors holding more than $2.5 billion in claims against bankrupt subsidiary Dynegy Holdings LLC, resolving all disputes and claims between DH and its parent, Dynegy said Wednesday.

  2. March 16, 2012

    Dynegy Tears Into Examiner Over Coal Transfer Rebuke

    Power company Dynegy Inc. on Thursday denied claims it spurned creditors by purchasing valuable coal assets from a subsidiary it then placed into bankruptcy, saying a court-appointed examiner's criticism of the deal was clouded by "advocacy."

  3. March 12, 2012

    Judge Expands Dynegy Holdings Examiner's Role

    A New York bankruptcy judge put Dynegy Holdings LLC's bankruptcy proceeding on hold Monday while instructing the debtor and creditors to undergo mediation overseen by the examiner who found that Holdings' transfer of coal assets to parent Dynegy Inc. defrauded creditors.

  4. March 09, 2012

    Carlyle Subsidiary Blasts Dynegy Plan's 'Circular Logic'

    Dynegy Holdings LLC has caught flak over its Chapter 11 plan, with a subsidiary of asset manager The Carlyle Group contending on Friday that the troubled power company is using "bizarre circular logic" to preclude certain claims holders from recovery.

  5. March 09, 2012

    Dynegy Examiner Cries Fraud Over Coal Transfers

    The examiner appointed to investigate Dynegy Holdings LLC's $1.7 billion prebankruptcy restructuring released a report Friday finding that its transfer of coal assets to parent Dynegy Inc. constituted a fraudulent transfer illegally designed to benefit shareholders.

  6. February 13, 2012

    Dynegy Must Wait Till Ch. 11 Probe Complete: US Trustee

    Federal bankruptcy watchdogs on Friday cautioned a New York bankruptcy court not to allow Dynegy Holdings LLC to move forward with its Chapter 11 plan until after the court-appointed examiner finishes his probe into the company's $1.7 billion prebankruptcy restructuring.

  7. January 27, 2012

    Dynegy Examiner Can Subpoena White & Case, Others

    A New York bankruptcy judge on Friday granted a request by the recently appointed examiner in Dynegy Holdings LLC for broad subpoena powers he said were necessary to complete his probe into the power provider's controversial prebankruptcy reorganization.

  8. January 17, 2012

    Dynegy Examiner Demands Broad Subpoena Powers

    The newly appointed examiner in Dynegy Holdings LLC's prebankruptcy reorganization asked a New York bankruptcy court Monday for broad subpoena powers he says he needs to complete his probe under tight time constraints.

  9. January 11, 2012

    Quinn Emanuel's Kirpalani Tapped To Probe Dynegy

    Noted bankruptcy attorney Susheel Kirpalani, chairman of Quinn Emanuel Urquhart & Sullivan LLP's bankruptcy practice, was tapped Wednesday to probe the controversial $1.7 billion restructuring that preceded Dynegy Holdings LLC's Chapter 11 filing in November.

  10. December 16, 2011

    Judge Orders Probe Into Dynegy Restructuring

    A New York bankruptcy judge on Friday ordered an examiner to probe Dynegy Holdings LLC's controversial $1.7 billion restructuring, which critics say dumped two money-losing power plants onto debtors while investor Carl Icahn and other shareholders walked away winners.

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