EPA Says EFH Is Vague About Environmental Liabilities In Disclosure Statement

Mealey's (August 19, 2015, 9:51 AM EDT) -- WILMINGTON, Del. — The amended disclosure statement for the plan of reorganization of Chapter 11 debtor Energy Future Holdings Corp. (EFH) should not be approved because it does not clearly state whether EFH will comply with its obligations under environmental law concerning properties owned and operated by the company and does not notify the public of the health and safety risks posed by noncompliance, the U.S. Environmental Protection Agency says in an Aug. 17 objection filed in Delaware federal bankruptcy court (In re: Energy Future Holdings Corp., No. 14-10979, D. Del. Bkcy.)....