November 2, 2015
Special counsel Benjamin D. Feder is quoted in The Dallas Morning News article, “Energy Future Holdings seeks end to bankruptcy at trial.” The article discusses EFH’s aim to break up the company in order to move on with the least possible financial pain for EFH and its creditors, following a trial in U.S. Bankruptcy Court in Wilmington, Delaware. The trial, which started on November 2nd, is expected to last for a month and pit rival attorneys against one another in an effort to extract the most value they can from $40 billion in outstanding debts. “Any exit from a bankruptcy of this size is going to require some massive regulatory approval and contingency that can’t be predicted with 100 percent certainty,” said Mr. Feder, who is representing the unsecured creditors.
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