Energy Future Holdings

Energy Future Holdings Chapter 11 Case – The Largest Game Ever of Texas Hold’em?

05/31/16

The chapter 11 case of Energy Future Holdings (“EFH” or “Debtors”) roared back to life this month.

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Were the Energy Future Holdings and Caesars Chapter 11 Cases Just Saved by K Street Lobbyists?

12/29/15

Bankruptcy and restructuring professionals usually do not need to be political junkies.

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Energy Future Holdings – Kicking a Very Large Can Down the Road

10/01/15

Energy Future Holdings (“EFH” or “Debtors”) has cleared all of the preliminary hurdles in its path as it moves towards the confirmation of its plan of reorganization (the “Plan”). Last week Judge Christopher Sontchi of the United States Bankruptcy Court for the District of Delaware approved the Debtors’ disclosure statement in support of the Plan, authorized the Plan to be distributed to creditors for voting purposes, and scheduled the hearing on Plan confirmation to begin on November 3.

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Energy Future Holdings – Another Major Success for Chapter 11 Mediation?

09/02/15

Mediation has become an invaluable tool in large chapter 11 cases. Traditionally viewed as a means for resolving discrete disputes between a debtor’s estate and an adversary party, in recent years mediation in certain complex cases has evolved into a multi-party undertaking involving claimants from all levels of a debtor’s capital structure, with the ambitious goal of resolving the entire case through a consensual plan of reorganization.

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Energy Future Holdings Make-Whole Ruling Extends Rationale of Important SDNY Decisions to Delaware

03/31/15

Judge Christopher Sontchi issued a notable opinion last week in the bankruptcy case of Energy Future Holdings Corp., et al. (“EFH”), Case No. 14-10979 (D. Del.), ruling that the repayment in full of certain senior secured notes did not trigger an obligation by the debtors to pay a make-whole premium.

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Energy Future Holdings – Bidding Procedures Fight Highlights Conflicts Among Affiliated Debtors

12/12/14

Energy Future Holdings (EFH), f/k/a TXU Corp., an energy company centered in Texas, was taken private in 2007 in the largest leveraged buyout transaction that has ever taken place.  The deal was largely predicated on an anticipated rise in natural gas prices; when prices instead plummeted the company, which had borrowed nearly $40 billion, was left with a massively unbalanced capital structure.  The chapter 11 cases of EFH and its subsidiaries

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