Salem Harbor Power Development LP

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Case Number:

1:22-bk-10239

Court:

Delaware

Nature of Suit:

Firms

Companies

Sectors & Industries:

August 16, 2022
Mass. Power Plant Gets OK For Ch. 11 Debt-Swap Plan

A Delaware bankruptcy judge Tuesday approved the Chapter 11 plan of a Massachusetts power plant owner after hearing it had resolved objections by the contractor whose arbitration award sent the company into insolvency.
July 07, 2022
Crypto Winter Starts, Mediation Sought For Sex Abuse Claims

The global collapse of cryptocurrency prices tipped two firms into bankruptcy, a New York youth club is seeking a quick mediation of sex abuse claims, and a pilot strike caused a Scandinavian airline to file for Chapter 11 earlier than expected. This is the week in bankruptcy.
June 30, 2022
Mass. Power Plant Approved For Ch. 11 Disclosure Docs

A Massachusetts power plant owner received court approval from a Delaware bankruptcy judge on Thursday for its Chapter 11 plan disclosures that describe a restructuring transaction that will swap out $290 million of secured debt for the equity in a reorganized company.
June 29, 2022
Sears Lease Fight Hits High Court, Gulf Coast Plan Approved

The U.S. Supreme Court took up a lease fight between Sears Holdings and the Mall of America, Gulf Coast Health Care got its Chapter 11 plan confirmed, and contractors owed money by the owner of the Carolina Panthers want a bankruptcy venue transfer. This is the week in bankruptcy.
May 24, 2022
Mass. Power Plant, Contractor Strike Deal On Ch. 11 Discovery

Massachusetts power plant Salem Harbor Power Development told a Delaware bankruptcy judge Tuesday it will let a contractor take discovery into whether it has claims against managers or shareholders for the events leading to the contractor's $237 million arbitration award.
May 18, 2022
Mass. Power Plant Seeks To Avoid $237M Lien In Ch. 11

A bankrupt Massachusetts power plant is asking a Delaware bankruptcy judge to allow it to escape the $237 million arbitration award that started it down the path to Chapter 11, saying the lien for the award was entered only hours before it filed for bankruptcy.
March 25, 2022
Mass. Power Plant Rebrands As Del. Ch. 11 Kicks Off

A bankrupt Massachusetts power plant undertook a brand makeover Friday, as Footprint Power Salem Harbor Development LP used its first Chapter 11 court appearance to purge the "Footprint" out of its name, saying it was no longer allowed to use the moniker.
March 24, 2022
Mass. Power Plant Plugs Into Del. Ch. 11 With $570M Debt

The owners of a gas-fired electricity generating plant located in Salem, Massachusetts, filed for Chapter 11 protection in Delaware bankruptcy court, listing more than $570 million in debt and saying the plant was unable to cover its obligations after an adverse judgment was handed down in arbitration over a contract dispute.