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Energy Future favors Hunt debt repayment plan to exit bankruptcy
2015-07-24 18:39:25| Oil & Gas - Topix.net
As Energy Future Holdings Corp gets closer to a deadline for ending its bankruptcy, Texas's largest power company has crowned a group supported by Hunt Consolidated Inc as the new leader in the effort to craft the best plan. Hunt has teamed up with junior creditors of Energy Future Holdings to raise about $12.1 billion to repay the power company's debt and convert its power distribution business, known as Oncor, into a real estate investment trust, or REIT.
Energy Future favors Hunt debt repayment plan to exit bankruptcy
2015-07-24 18:39:24| Oil & Gas - Topix.net
As Energy Future Holdings Corp nears a deadline for ending its bankruptcy, Texas's largest power company has crowned a group supported by Hunt Consolidated Inc as the new leader in the effort to craft the best plan. Hunt has teamed up with junior creditors of Energy Future Holdings to raise about $12.1 billion to repay the power company's debt and convert its power distribution business, known as Oncor, into a real estate investment trust, or REIT.
Supreme Court Favors Employees in Retirement Plan Fiduciary Claims Against Edison Intl.
2015-05-20 02:54:13| Energy - Topix.net
The U.S. Supreme Court on Monday revived claims made by Edison International employees who accused the utility of favoring higher-cost mutual funds over lower-cost ones in its retirement plan. On a 9-0 vote, the court threw out an appeals court ruling that limited the number of claims that could be made in the case involving Edison's retirement plan management.
Tags: plan
court
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employees
Dominion Now Favors Alternate Route for ACP
2015-05-19 13:47:19| Oil & Gas - Topix.net
Frank Mack, a spokesperson for Dominion Resources, said, "We know this is an emotional issue, primarily in Nelson County, but we want to give them one more opportunity to give us permission. If they give us permission, that's great.
Tags: route
alternate
favors
dominion
Dominion Now Favors Alternate Route for ACP
2015-05-19 13:31:36| Energy - Topix.net
Frank Mack, a spokesperson for Dominion Resources, said, "We know this is an emotional issue, primarily in Nelson County, but we want to give them one more opportunity to give us permission. If they give us permission, that's great.
Tags: route
alternate
favors
dominion