December 07, 2017
NextEra Energy Inc. urged a Delaware bankruptcy court to set aside $275 million of Energy Future Holdings Corp.'s cash late Wednesday during an appeal from a judge's flip-flop on rights to an equal-size termination fee award in NextEra's scuttled EFH purchase.
October 31, 2017
NextEra Inc. urged the Delaware bankruptcy court late Monday not to confirm Energy Future Holdings Corp.'s Chapter 11 plan unless $275 million is held back to cover the breakup fee connected to NextEra's failed sale deal while the former suitor appeals the court's rejection of the payment.
October 13, 2017
Energy Future Holdings Corp. on Friday told the Delaware bankruptcy court that it came to an agreement resolving a dispute with its former major operating subsidiary for now that allows the ex-unit to file the tax return it wants to on Monday with the possibility that it might be tweaked later.
October 12, 2017
The Delaware bankruptcy judge presiding over the Energy Future Holdings Corp. Chapter 11 granted the debtor's request for a temporary restraining order Thursday blocking Vistra Energy Corp., which was once part of the power giant's corporate structure, from making tax moves that could allegedly hurt the bankruptcy estate.
September 19, 2017
The Delaware bankruptcy judge presiding over the Energy Future Holdings Corp. case said Tuesday he would reconsider his decision to allow a $275 million breakup fee in the now-failed $18 billion NextEra Inc. sale deal, ruling he made a mistake when approving the fee a year ago.
September 06, 2017
Energy Future Holdings Inc. teed up its third Chapter 11 sale attempt Wednesday, securing a Delaware bankruptcy judge's approval for its disclosure and $9.45 billion merger agreement with Sempra Energy and clearing the way for a vote on its latest plan.
August 21, 2017
Bankrupt electric utility Energy Future Holdings Corp. told a Delaware federal judge Monday that it was dropping its pursuit of a $9 billion merger deal with Berkshire Hathaway in favor of a $9.45 billion offer from California natural gas provider Sempra Energy.
August 09, 2017
A trio of Energy Future Holdings Corp. creditors objected Wednesday to details in a proposed $270 million termination fee if a $9.1 billion sale to Berkshire Hathaway Energy Co. fizzles, with the size of the breakup expense a common target.
August 07, 2017
The Delaware bankruptcy judge presiding over Energy Future Holdings Corp.'s Chapter 11 said Monday he would be highly unlikely to approve any topping bid to Berkshire Hathaway's $9.1 billion offer unless the bid is committed and "ready to go" when he considers the debtor's sale motion.
August 04, 2017
Energy Future Holdings Corp. launched an adversary action late Thursday in its Chapter 11 case seeking to block NextEra Energy Inc. from a collecting a $275 million breakup fee from its failed $18 billion sale proposal, blaming the would-be buyer for contributing to the deal's demise.