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Energy Future Holdings Corp.

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Case overview

Case Number:

1:14-bk-10979

Court:

Delaware

Nature of Suit:

Firms

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  1. April 13, 2017

    Texas Regulators Reject $18B Energy Future Sale To NextEra

    Texas utility regulators on Thursday unanimously rejected the $18 billion NextEra Inc. sale deal at the center of Energy Future Holdings Corp.'s Chapter 11 plan, dealing what appears to be a fatal blow to the power giant's second attempt to exit bankruptcy.

  2. March 31, 2017

    Regulators Deal Major Setback To EFH's $18B NextEra Deal

    Texas utility regulators on Thursday signaled that they will not approve the $18 billion NextEra Energy Inc. sale deal with Energy Future Holdings Corp. as proposed, creating what could potentially be a catastrophic setback for EFH's second attempt to exit its four-year-old Chapter 11 case.

  3. March 28, 2017

    EFH Professional Fees Reach $450M, With More To Come

    Professional fees and expenses in the Energy Future Holdings Corp. bankruptcy have grown to roughly $450 million, the committee overseeing costs in the Chapter 11 that restricted some $42 billion in debt told the Delaware bankruptcy court Tuesday, a figure that is expected to rise before a final reckoning.

  4. March 01, 2017

    IRS Withdraws Billions In Satisfied Claims Against EFH

    The Internal Revenue Service on Tuesday asked a Delaware bankruptcy judge to withdraw billions in claims against Energy Future Holdings Corp., days after the company said its $7.8 billion bill for unpaid taxes and penalties was inaccurate and could compromise its hard-fought Chapter 11 plan.

  5. February 27, 2017

    EFH Tells Bankruptcy Judge It Owes IRS $47.6M, Not $7.8B

    Energy Future Holdings Corp. on Friday urged a Delaware bankruptcy judge to winnow the Internal Revenue Service's "proofs of claims" to $47.6 million, arguing that if hit with the purportedly inaccurate $7.8 billion bill for unpaid taxes and penalties, the entire hard-fought Chapter 11 plan could be compromised.

  6. February 17, 2017

    EFH Wins Official Ch. 11 Plan OK After 'Extraordinary' Case

    A Delaware bankruptcy judge on Friday officially confirmed Energy Future Holdings Corp.'s Chapter 11 plan featuring the $18 billion sale of the company to NextEra Energy Inc., overruling objections from the U.S. Trustee's Office over fees for creditors' professionals paid from the estate and asbestos claimants' protest of a bar date for unmanifested claims.

  7. February 16, 2017

    EFH On The Verge Of Exiting Ch. 11 With $18B NextEra Deal

    A Delaware bankruptcy judge said Thursday that Energy Future Holdings Corp.'s Chapter 11 plan centered on an $18 billion sale to NextEra Energy Inc. meets all the standards for confirmation, bringing the power giant to within inches of closing out its nearly 4-year-long and difficult $42 billion case.

  8. February 14, 2017

    EFH Opens Ch. 11 Confirmation Push With 'Global Peace' Deal

    Energy Future Holdings Corp. kicked off its Chapter 11 plan confirmation push Tuesday, saying the company now has a "global peace" deal over post-petition interest claims, significantly narrowing the issues for what the power giant hopes will be its final stretch to exit bankruptcy.

  9. February 13, 2017

    EFH Reaches Tentative Deal To Resolve Make-Whole Dispute

    Energy Future Holdings Corp. told the Delaware bankruptcy court Monday that it has reached a tentative deal to resolve disputes with secured noteholders over post-petition interest claims, on the eve of its Chapter 11 plan confirmation trial that was expected to center on the issue.

  10. February 02, 2017

    US Trustee Balks At EFH Bid To Pay Creditor Legal Fees

    A federal bankruptcy watchdog took issue Thursday with Energy Future Holdings Corp.'s Chapter 11 plan, arguing that it aims to pay the professional fees for unsecured noteholders without laying out the justification for why the compensation should come out of the Chapter 11 estate.