The U.S. judge overseeing the Energy Future Holdings Corp bankruptcy will announce on Thursday morning whether he will approve a Chapter 11 exit plan for the company, Texas’s biggest power company, the judge said on Wednesday.

“I will read it into the record. It will take a little time, so wear something comfortable,” said U.S. Bankruptcy Judge Christopher Sontchi at the end of five hours of closing arguments.

Keep reading at Reuters.

Subscribe To Our Newsletter

Each month, TCAP sends out an e-newsletter covering major events in Texas electricity and advances in public policy. Sign up for the newsletter and check out old newsletters to get caught up on Texas energy.

You have Successfully Subscribed!

Share This