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Mealeys

MLex

Energy Future Holdings Corp.

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Case overview

Case Number:

1:14-bk-10979

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. November 14, 2014

    U.S. Trustee Says PwC Would Be Conflicted In EFH Ch. 11

    The U.S. Trustee's Office on Friday slammed Energy Future Holdings Corp.'s application to hire PricewaterhouseCoopers LLP, arguing the accounting firm would have a conflict of interest because it has already been doing work for one of the bankrupt energy giant's key creditor constituencies.

  2. November 03, 2014

    Energy Future Gets Nod To Auction Oncor Stake

    A Delaware bankruptcy judge on Monday ruled Energy Future Holdings Corp. can proceed with a planned auction of its prized stake in Oncor Electric Delivery Co. LLC, which could be worth as much as $18 billion, a move that faced opposition from several creditor constituencies.

  3. October 27, 2014

    Energy Future Judge To Rule On Auction Plan Next Week

    A Delaware bankruptcy judge said Monday he would rule next week on whether Energy Future Holdings Corp. can auction its prized stake in Oncor Electric Delivery Co. LLC, a proposal that has drawn flak from an array of creditors.

  4. October 20, 2014

    Energy Future Creditors Bristle Over Auction Plans

    Energy Future Holdings Corp. caught heavy flak Monday over the proposed auction of its valuable stake in Oncor Electric Delivery Co. LLC, with creditors of the bankrupt power giant questioning the timing and structure of the sale process.

  5. October 17, 2014

    Energy Future Plugs Auction Plan, Draws Fire From Creditors

    Energy Future Holdings Corp. urged a Delaware bankruptcy judge on Friday to bless a proposal to auction its prized stake in Oncor Electric Delivery Co. LLC but faced resistance from various creditor groups who contend the auction scheme would deprive them of billions of dollars.

  6. October 16, 2014

    US Warns EFH About Oncor Auction's Tax Implications

    The U.S. government delivered a warning shot across the bow to Energy Future Holdings Corp. ahead of its proposal for a tax-free auctioning of its prized stake in Oncor Electric Delivery Co. LLC, which hinges on whether a spinoff could survive scrutiny from the tax man.

  7. October 15, 2014

    EFH Gets Judge's Nod For $20M Executive Bonus Plan

    A Delaware bankruptcy judge on Wednesday allowed Energy Future Holdings Corp. to go ahead with its plan to pay out up to $20 million in executive bonuses over the objections of the U.S. trustee's office, which argued the compensation flouted Chapter 11 rules by providing no actual performance incentive.

  8. October 10, 2014

    EFH Sale Plan Would 'Make A Mockery' Of Ch. 11: Creditor

    The indenture trustee for a group of Energy Future Holdings Corp. junior bondholders blasted the debtor's auction plan Friday, arguing it would lock in a tax-free spinoff of a subsidiary that could deny its creditors of billions of dollars and "make a mockery" of the Chapter 11 process.

  9. October 09, 2014

    EFH Can't Get Watchdog Witness Tossed In $20M Bonus Fight

    The Delaware bankruptcy judge presiding over the Energy Future Holdings Corp. Chapter 11 ruled Thursday that the U.S. Trustee's Office's main witness in its case opposing the energy giant's bid to pay $20 million in executive bonuses can testify despite the debtor's contention he's a nonexpert giving expert testimony.

  10. October 08, 2014

    Bankrupt EFH Defends Bid To Pay $20M In Executive Bonuses

    Energy Future Holdings Corp. defended its request to pay up to $20 million in executive bonuses amid opposition from the U.S. Trustee's Office in Delaware bankruptcy court Wednesday, arguing that the goals to win the pay are indeed difficult to attain and noting that the bankruptcy watchdog was the lone objecting party.