US Coverage

Law360 Authority | Deep News & Analysis

Global Coverage

Law360 Pulse | The Business of Law

Mealeys

MLex

Energy Future Holdings Corp.

Track this case

Case overview

Case Number:

1:14-bk-10979

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. April 12, 2016

    EFH Judge Axes Suit On Distribution Rules For $25B In Loans

    A Delaware bankruptcy judge Tuesday rejected arguments from Energy Future Holding lenders who say they have a priority interest in funds connected to a subset of nearly $25 billion of the power giant's loans, siding with competing creditors who contend the relevant credit agreements don't grant that right.

  2. April 06, 2016

    EFH Creditors Clash Over Distribution Rules For $25B Loan

    Several Energy Future Holdings Corp. lenders pushed the Delaware bankruptcy court Wednesday to toss a lawsuit from competing creditors in a $25 billion intercreditor agreement, contending it is an attempt to unfairly bolster distributions from the power giant's Chapter 11 plan.

  3. April 05, 2016

    Energy Future Wins $4B Battle Over Oncor Shares

    A Delaware bankruptcy judge upheld Energy Future Holdings' right to compel Texas Transmission Inc.'s sale of its 20 percent, up-to $4 billion share in Texas-based Oncor's electric transmission and distribution system late Tuesday, heading off a multiday trial set to start Monday.

  4. March 24, 2016

    EFH Judge Halts Payout Of Funds Held During $90M Dispute

    A Delaware bankruptcy judge temporarily halted distribution of money set aside during a $90 million dispute over how certain first-lien lenders should be paid from Energy Future Holdings Corp.'s Chapter 11 plan, saying he needs time to consider whether to stop the process while one creditor waits for an appeal.

  5. March 21, 2016

    $42B EFH Ch. 11 At Stake As Texas, Del. Judge Mull Terms

    Texas Public Utility Commission members put off a vote Monday to authorize Hunt Consolidated Inc.'s $18 billion to $20 billion plan to buy Oncor out of the Energy Future Holdings Co. bankruptcy, amid pressure to let customers share in an expected $250 million annual federal tax windfall.

  6. March 11, 2016

    Del. Trust Loses $90M Lender Interest Ruling In EFH Ch. 11

    A Delaware bankruptcy judge has rejected a Delaware Trust Co. plan for recoveries from the Energy Future Holding Corp. Chapter 11 reorganization that would have given the bank a $90 million boost in its share of estate distributions at the expense of other first-lien lenders.

  7. March 10, 2016

    EFH Duels With TTI Over Drag-Along In $20B Oncor Sale

    Texas Transmission Investments Inc. is holding firm against forced surrender of its stake in Energy Future Holdings' 3 million-customer Oncor electric system, emphasizing in a new summary judgment motion Wednesday in Delaware bankruptcy court that wording in the $20 billion EFH deal cannot trigger a compulsory minority-owner sale.

  8. March 09, 2016

    EFH Gets Nod For $20M Severance Bump Amid Mine Closures

    Energy Future Holdings has received approval from a Delaware bankruptcy judge to increase by $20 million a cap on the amount of severance payments the company can make to employees in anticipation of more layoffs and the closure of two Texas coal mines, according to a court order filed Wednesday.

  9. March 04, 2016

    EFH Creditors Battle Over $90M Delaware Trust Interest Bid

    An Energy Future Holdings Corp. subsidiary's lenders dueled Friday over a bid from Delaware Trust Co. for up to $90 million in interest on its share of the $3 billion in first-lien notes issued to the bankrupt company, despite claims that bankruptcy law barred the extra payment.

  10. February 19, 2016

    EFH Seeks $20M Severance Cap Bump As Mine Closures Loom

    Energy Future Holdings asked permission Thursday from a Delaware bankruptcy judge to increase a cap on severance payments by $20 million, saying the continued downturn in the energy market will force the business to lay off more workers and close two coal mines in Texas.