Bankrupt Energy Future Holdings’ novel plan to sell itself through a loan provision has Texas’s largest power company in hot water with creditors, who accuse it of trying to skirt a public sale process and hiding its true value.

The company and its creditors are heading for a courtroom showdown on Monday when Energy Future will seek a judge’s approval to take on a $2 billion loan that would give a group of hedge fund lenders 60 percent of the company when it emerges from its $48 billion bankruptcy.

Keep reading at Reuters.

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