Friday, September 14, 2018

Third Circuit Affirms Reversal of $275M Break-Up Fee in Del. Bankruptcy Case

Originally published by Tom McParland.

 

The U.S. Court of Appeals for the Third Circuit on Thursday upheld a Delaware Bankruptcy Court’s decision to block a Florida-based energy company from collecting a $275 million merger termination fee against the bankruptcy estates of Energy Future Holdings Corp. and a subsidiary.
      

Curated by Texas Bar Today. Follow us on Twitter @texasbartoday.



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