Biggest Texas Utility Files Bankruptcy

Today, Energy Future Holdings Corp. (“EFH“), a Texas corporation, and several of its subsidiaries, including TXU Energy (collectively with EFH, the “Debtors“), filed for chapter 11 bankruptcy relief.  The Debtors are the largest generator, distributor and certified retail provider of electricity in Texas.  The Debtors disclosed approximately $42 billion in funded indebtedness and EFH disclosed total assets of […]

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