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Expert Analysis

EFH Bankruptcy Yet To Face Its Biggest Hurdles

Law360, New York ( October 2, 2015, 4:12 PM EDT) -- Energy Future Holdings has cleared all of the preliminary hurdles in its path as it moves toward the confirmation of its plan of reorganization. Recently, 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 Nov. 3. In view of the complexity and contentiousness of these cases, bringing them to the verge of completion in less than 18 months is a notable achievement for EFH and its professionals....

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