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Calpine Asks Insurers To Cover Employee Defense Costs

By Erin Coe (February 21, 2006, 12:00 AM EST) -- Looking to alleviate defense costs for several employees mired in class action securities litigation, bankrupt power company Calpine has asked a bankruptcy court judge to allow the company's insurers to cover the litigation expenses so employees can focus on turning around the ailing company....

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