Events        Jobs        Contact        Migration Stats        Supplier Lists        Municipal Aggregation
Bankruptcy Judge "Expects" Confirmation Of FirstEnergy Solutions Reorganization Plan, But ...

August 23,2019



A federal judge adjourned a hearing concerning the bankruptcy exit plan of FirstEnergy solutions without confirming or denying the plan, as the judge directed FES address labor agreements with certain unions.

While the judge said that he "expects" that the plan will be confirmed, confirmation could not be granted until the labor contracts are resolved -- such contracts must either be assumed or rejected (subject to court approval) before a reorganization plan is confirmed.

All non-labor issues have been substantially resolved

A status hearing is scheduled for Sept. 10

Tags:
FirstEnergy Solutions  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
TPV-SALES-EXECUTIVE -- Back Office Provider -- Other
Sr-Market-Risk-Analyst -- Wholesale Supplier/Trader -- New York - New York City Metro
Energy-Regulatory-Specialist -- Other -- Other
More Stories on RetailEnergyX.com:
Proceeds From FES Polar Vortex Class Action Settlement Now Being Distributed '
FERC Opens Review Of Energy Harbor (Formerly FirstEnergy Solutions) Rejection Of Wholesale Contracts
FirstEnergy Solutions (Energy Harbor) Announces New Headquarters
FirstEnergy Solutions' Accounting Firm Quits
Bankruptcy Judge "Expects" Confirmation Of FirstEnergy Solutions Reorganization Plan, But ...


comments powered by Disqus





Advertise here:
Email retailenergyx@gmail.com


Events Jobs Contact Migration Stats Supplier Lists Municipal Aggregation

About Disclaimer Privacy Terms of Service

Home


Developed by: Avidweb Technologies inc.