EFH Bankruptcy Yet To Face Its Biggest Hurdles
Law360
Special counsel Ben Feder authored the Law360 article, “EFH Bankruptcy Yet To Face Its Biggest Hurdles” regarding Energy Future Holdings’ reorganization plan following the company’s Chapter 11 bankruptcy. Ben discusses EFH’s achievement in receiving approval from Judge Christopher Sontchi to move the plan forward and distribute it to creditors for voting purposes. In addition, a hearing for the plan’s confirmation has been scheduled to being on November 3, 2015. However, Ben points out that the hardest part of EFH’s reorganization will be proving that the plan is “feasible” and that under its terms many of its largest creditors will be “unimpaired.”
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