Longview Power, LLC

  1. November 21, 2013

    Longview Power Gets Nod For $150M DIP Package

    Bankrupt coal plant operator Longview Power LLC got the green light Thursday for a crucial $150 million debtor-in-possession package, an agreement that quells a monthslong funding feud that had stalled progress in the Chapter 11 case.

  2. November 04, 2013

    Longview Power Lines Up $150M DIP To Fund Ch. 11 Exit

    Coal plant operator Longview Power LLC said in Delaware bankruptcy court Monday that it has secured an agreement for up to $150 million in post-petition debtor-in-possession financing, potentially defusing the looming battle over how the case is to be funded and forging a path toward the company's Chapter 11 exit.

  3. October 18, 2013

    Bankrupt Longview Power Fights To Tap $59M Credit Line

    Longview Power LLC urged a Delaware bankruptcy judge Friday to overrule opposition from contractors and let it draw on $59 million in disputed letters of credit so it can finance repairs at its troubled $2 billion coal plant.

  4. October 09, 2013

    Longview Power Postpones Ch. 11 Fight With Contractors

    A Delaware bankruptcy judge on Wednesday granted Longview Power LLC's request for a four-week adjournment of its final cash-collateral hearing, a move that also pushes back motions by contractors embroiled in a long-running dispute over the debtor's troubled $2 billion coal plant.

  5. September 19, 2013

    Contractors Want Coal Plant's Stay Lifted For Arbitration

    Contractors involved in a long-running dispute with Longview Power LLC over its troubled $2 billion coal plant urged a Delaware bankruptcy judge Wednesday to let them resume ongoing arbitration and stop the company from drawing on $59 million in disputed letters of credit.