Looking To Shed $40B In Debt, Energy Future Holdings (TXU) Files Ch. 11

Energy Future Holdings filed for Chapter 11 protection in Wilmington, Del., this morning, after reaching a long-awaited deal with creditors on a restructuring that would shed about $40 billion in debt. Energy Future said it expects confirmation of the plan will take about nine months, with a Chapter 11 exit expected in [...]

Looking To Shed $40B In Debt, Energy Future Holdings (TXU) Files Ch. 11

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