Energy Future Holdings Corp. is meeting with lenders in New York this week to discuss loans that would fund it through bankruptcy as the latest chapter of the power generator’s restructuring begins to unfold.
Jefferson County, Alabama, and its creditors meet Nov. 21 for the first fight of the biggest U.S. municipal bankruptcy -- whether John S. Young Jr., the sewer system’s court-appointed receiver, should go home to New Jersey.
AWE Ltd., an explorer with shale fields in Australia and an oil project in Indonesia, rejected a A$752 million ($673 million) initial takeover proposal from Senex Energy Ltd., saying it undervalued its shares.
Owners of Jefferson County, Alabama, sewer debt may offer to match or reduce three years of 8 percent annual sewer-fee increases in a county plan to restructure its bonds, said the court-appointed receiver managing the system.
Creditors of Jefferson County, Alabama, whose commissioners said they may vote today on filing the biggest municipal bankruptcy in U.S. history, made a new offer for debt reorganization yesterday, according to a receiver there.