Daily News: July 14, 2014

Energy Future Postpones Hearings After Judge Questions Plans

Reuters reported Energy Future Holdings postponed indefinitely court hearings aimed at keeping its fast-track bankruptcy on course after a judge questioned the company’s approach.

According to Reuters , the company said in a filing Tuesday it was postponing hearings at which it was hoping to win approval to borrow $1.9 billion to help finance its plan to exit bankruptcy early next year.

Previously on abfjournal: Energy Future Creditors Seek Stalled Chapter 11 Plan, July 2, 2014

To read the entire Reuters article, click here.