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Creditors

Creditors news and technical articles from Power Engineering. Search Creditors latest and archived news and articles

  1. Mirant and Creditors file lawsuit against Southern Co

    Article

    Fri, 17 Jun 2005

    and the Official Committee of Unsecured Creditors of Mirant Corp. (the "Mirant Corp ..... that Southern is liable to Mirant's creditors for the full extent of Mirant's obligations to creditors ; - Declare that Southern induced Mirant

  2. PG&E's creditors reject CPUC plan

    Article

    Tue, 10 Sep 2002

    nine of the ten voting classes of its creditors and equity holders. The utility issued ..... overwhelming support from equity holders and creditors , including the large financial institutions ..... Despite a recommendation from the Official Creditors ' Committee (OCC) urging creditors

  1. PUC and creditors committee join forces in PG&G bankruptcy case

    Article

    Fri, 23 Aug 2002

    and the Official Committee of Unsecured Creditors in the Pacific Gas and Electric Co ..... Plan of Reorganization for PG&E. The creditors ' committee will become a co-proponent of the PUC's plan and will urge that creditors vote for and prefer the joint PUC/committee

  2. Creditors patient, frustrated with near bankrupt California utility

    Article

    Wed, 14 Feb 2001

    Southern California Edison Co. expects creditors to remain patient and keep the utility ..... But in a Tuesday conference call, creditors holding Southern California Edison Co ..... ways to be constructive." Craver noted creditors have been patient so far but warned that

  3. Unsecured creditors sue Kenneth and Linda Lay for $70 million

    Article

    Tue, 4 Feb 2003

    Feb. 4, 2003 -- Enron Corp.'s creditors have sued former Chairman and CEO Kenneth ..... filed Friday include Enron's unsecured creditors , Dow Jones Business News reported ..... off loans from the company, and the creditors contend that the stock was not a fair

  4. California renewable energy firm form creditors' committee

    Article

    Mon, 19 Feb 2001

    mount Friday, with formation of a second creditors ' committee to review member's options ..... pay its wholesale power bills. Neither creditors ' committee has, however, spelled out ..... electricity generators said they formed a creditors ' committee to consider options in light

  5. Creditors ready to force SoCal Edison into bankruptcy

    Article

    Thu, 20 Sep 2001

    2001 Southern California Edison's creditors said Thursday a bankruptcy is all but inevitable. Almost a dozen creditors want to force the utility into involuntary ..... towers and the Pentagon. Unsecured creditors Reliant Energy and Mirant Corp. are

  6. Enron presents process to creditors' committee for separating power, pipeline company from bankruptcy

    Article

    Mon, 6 May 2002

    presented a process to its Unsecured Creditors ' Committee to maximize recoveries through ..... restructuring officer. "This enables Enron's creditors to realize value from the company's ..... that we will openly explore with our creditors ." Headquartered in Houston, the new

  7. California generators form creditors committee

    Article

    Mon, 12 Feb 2001

    Mirant Corp. (formerly Southern Energy Inc.) formed a creditors committee late Friday to pursue "options" to seek payment ..... crisis are moving so slowly the generators said they formed the creditors committee. "As publicly held companies, we have a responsibility

  8. Enron, creditors reach tentative agreement

    Article

    Mon, 30 Jun 2003

    HOUSTON, June 30, 2003 -- Enron, its Official Unsecured Creditors ' Committee and the Enron North America Examiner have filed a joint motion with the Bankruptcy Court of the Southern District of