Liquidation

Forward Motions: Energy Future Fights for Control of its Bankruptcy

02/06/15

Energy Future Holdings Corp. heads to bankruptcy court Tuesday in Wilmington, Del., to defend its right to hang on to exclusive control of its $42 billion bankruptcy until June 23.

The company originally wanted to ward off competing reorganization plans until Oct. 29 but chopped some four months out of its exclusive control period after its request for an extension triggered an open clash among major creditor groups.

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