November 21, 2013
Bankrupt coal plant operator Longview Power LLC got the green light Thursday for a crucial $150 million debtor-in-possession package, an agreement that quells a monthslong funding feud that had stalled progress in the Chapter 11 case.
November 04, 2013
Coal plant operator Longview Power LLC said in Delaware bankruptcy court Monday that it has secured an agreement for up to $150 million in post-petition debtor-in-possession financing, potentially defusing the looming battle over how the case is to be funded and forging a path toward the company's Chapter 11 exit.
October 18, 2013
Longview Power LLC urged a Delaware bankruptcy judge Friday to overrule opposition from contractors and let it draw on $59 million in disputed letters of credit so it can finance repairs at its troubled $2 billion coal plant.
October 09, 2013
A Delaware bankruptcy judge on Wednesday granted Longview Power LLC's request for a four-week adjournment of its final cash-collateral hearing, a move that also pushes back motions by contractors embroiled in a long-running dispute over the debtor's troubled $2 billion coal plant.
September 19, 2013
Contractors involved in a long-running dispute with Longview Power LLC over its troubled $2 billion coal plant urged a Delaware bankruptcy judge Wednesday to let them resume ongoing arbitration and stop the company from drawing on $59 million in disputed letters of credit.