Energy Future’s Plan Confirmed Despite Objections By Asbestos Claimants

Mealey's (February 28, 2018, 12:04 PM EST) -- WILMINGTON, Del. — A Delaware federal bankruptcy judge on Feb. 27 confirmed the revised plan of reorganization for Chapter 11 debtor Energy Future Holdings Corp. (EFH) over the objections of several asbestos claimants who said the plan’s treatment of claimants who have not yet developed an asbestos disease is unlawful and the plan was proposed in bad faith (In re Energy Future Holdings Corp., et al., No. 14-10979, D. Del. Bkcy.)....