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Inaccurate Disclosure Nixes a $275 Million Energy Future Breakup Fee Approved a Year Earlier

Breakup fee cannot be paid if the court or regulators disapprove a proposed sale.

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Opinion Link:

Opinion Link

Judge Name:

Christopher S. Sontchi

Case Citation:

In re Energy Future Holdings Corp., 14-10979 (Bankr. D. Del. Oct. 3, 2017)

Case Name:

In re Energy Future Holdings Corp.

Case Type:

Business