June 10, 2013
The liquidating trustee of AES Eastern Energy Inc. filed almost 60 adversary complaints in Delaware federal bankruptcy court Friday seeking the avoidance or return of more than $20 million in transfers made to other companies, including CSX Transportation Inc. and Greenberg Traurig LLP, while the company was insolvent.
December 19, 2012
A New York utility blasted bankrupt AES Eastern Energy LP's Chapter 11 liquidation plan Tuesday, saying the proposal would provide the debtor with a quick out from its environmental responsibilities while leaving tens of millions of dollars in long-term obligations in uncertain hands.
September 20, 2012
Bankrupt AES Eastern Energy LP on Wednesday announced a deal to sell its four nonoperational power plants and other related assets to a subsidiary of DSA Services Inc. for $2.25 million, a move that will allow the company to submit a Chapter 11 plan and complete its liquidation.
May 15, 2012
Bankrupt AES Eastern Energy LP accused a New York utility on Monday of improperly taking a contract dispute with the company to regulators weighing approval of the $240 million sale of AES' two operating power plants.
April 11, 2012
A Delaware bankruptcy judge on Wednesday cleared AES Eastern Energy LP to sell its two coal-fired power plants in upstate New York to bondholders for a $240 million credit bid.
March 02, 2012
Bankrupt AES Eastern Energy LP won court approval Friday for a settlement that paves the way for bondholders to buy the company's two operating power plants in upstate New York for more than $240 million.