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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. January 26, 2017

    Close To Ch. 11 Confirmation, EFH Still Faces Hurdles

    Energy Future Holdings Corp. told the Delaware bankruptcy court Thursday that it envisions a four-day Chapter 11 plan confirmation hearing in February as it steams toward the potential exit of its nearly 4-year-old case, but the power giant still must clear significant hurdles before it can finally claim victory, the case history shows.

  2. January 06, 2017

    EFH Peddles $4M Boiler As End Of $42B Ch. 11 Saga Nears

    With the last stages of a $42 billion Chapter 11 restructuring coming into view, Energy Future Holdings took time late Thursday to scrape up relative pocket change, filing court motions to sell an unused 16,000-ton power plant boiler for $4 million worth of spare parts.

  3. January 04, 2017

    EFH Gets Green Light For Ch. 11 Plan Disclosure Statement

    Energy Future Holdings Corp. won bankruptcy court approval Wednesday for the disclosure statement connected to what the power giant hopes will be the final step in restructuring its $42 billion in debt, over the objections of senior lenders who worried its language indicated they might not be paid in full.

  4. January 03, 2017

    EFH Backs Out Of Ch. 11 Deal With Secured Noteholders

    Energy Future Holdings Corp. said Tuesday it is pivoting from a proposed settlement with senior secured noteholders designed to resolve issues over make-whole premiums in favor of a deal with unsecured noteholders, a move that may prompt the senior lenders to reject the power giant's Chapter 11 plan.

  5. December 01, 2016

    EFH Floats Revised Ch. 11 Plan That Draws Immediate Fire

    Energy Future Holdings Corp. floated a revised Chapter 11 plan Thursday to address the Third Circuit's bombshell ruling allowing roughly $800 million in secured noteholder make-whole claims, a move that drew immediate rebuke from unsecured noteholders and is scheduled to be considered by the bankruptcy court in February.

  6. November 21, 2016

    3rd Circ. Ruling Prompts EFH To Delay Confirmation Trial

    Energy Future Holdings Corp. on Monday postponed, and has yet to reschedule, what was set to be the Dec. 1 start of a four-day trial for its $42 billion Chapter 11 endgame after the Third Circuit overturned lower courts' decisions rejecting more than $400 million in noteholder make-whole claims.

  7. November 15, 2016

    Energy Future's E-Side Set For 4-Day Trial

    The confirmation trial of the E-side of Energy Future Holdings Corp.'s massive Chapter 11 plan of reorganization will commence Dec. 1 and has been scheduled to run for four days, after a pretrial conference in Delaware bankruptcy court Tuesday.

  8. November 14, 2016

    Watchdog Balks At Energy Future's 3rd-Party Payments

    A representative of the U.S. trustee said Monday that the Chapter 11 plan of Energy Future Holding Corp.'s E-side businesses cannot be confirmed, because without adequate justification the plan calls for the payment of fees to the indenture trustees of prepetition note issues.

  9. November 07, 2016

    Supreme Court Won't Hear $4B EFH Debt Deal Dispute

    The U.S. Supreme Court on Monday declined to review a Third Circuit decision that allowed bankrupt Energy Future Holdings Corp. to refinance $4 billion in first-lien debt via tender offer early in its $42 billion case, allowing to stand a deal that some noteholders argued violated fair creditor treatment rules.

  10. October 28, 2016

    Rolls-Royce Co. Says EFH Owes $4.1M For Power Plant Work

    A subsidiary of Energy Futures Holding Corp. owes more than $4 million to a company owned by Rolls-Royce Holdings PLC for work on a contract to replace computers at a Texas nuclear power plant, according to a filing by the contractor in Delaware bankruptcy court.