July 30, 2012
A Delaware judge held up confirmation of Bicent Holdings LLC's Chapter 11 plan Monday, finding that while the power plant operator's reorganization was confirmable for the most part, the releases and exculpation provided were far too broad as currently written.
July 23, 2012
Creditor Lea Power Partners LLC objected to Bicent Holdings LLC's reorganization plan Monday, accusing the power plant operator of taking "shortcuts" that unfairly discriminate against unsecured creditors.
June 08, 2012
Bicent Holdings LLC won approval on Friday for an amended disclosure statement, allowing the bankrupt power plant operator to begin soliciting votes for its Chapter 11 reorganization plan.
June 01, 2012
Centennial Energy Holdings Inc. on Friday objected to the disclosure statement for Bicent Holdings LLC's reorganization plan, saying the bankrupt power plant operator is denying vital information to unsecured creditors who are getting stiffed in the bankruptcy.
May 01, 2012
Grappling with over $500 million of debt, power generation company Bicent Holdings LLC filed a Chapter 11 plan in Delaware bankruptcy court on Monday that would give nearly all of the equity in the reorganized company and a dozen subsidiaries to first-lien lenders.