"You are looking at a classic nightmare case,"
| Spectacular shitlib | 03/27/18 | | hilarious frum doctorate | 03/27/18 |
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Date: March 27th, 2018 2:47 PM Author: Spectacular shitlib
FirstEnergy Solutions, the debt-ridden subsidiary that owns the corporation's power plants, would be seeking Chapter 11 bankruptcy protection. FirstEnergy Nuclear Operating Co., a separate FirstEnergy subsidiary that holds the federal nuclear operating licenses, could also be involved.
Bankruptcy cases can take several years and spawn parallel litigation by unhappy creditors, said Marvin Sicherman, a Case Western Reserve University adjunct law professor and bankruptcy attorney for nearly 58 years handling cases in 42 of the 50 states.
"You are looking at a classic nightmare case," said Sicherman. "If they file this case, I hope I live long enough to see it all the way through."
http://www.cleveland.com/business/index.ssf/2018/03/firstenergy_bankruptcy_restruc.html
(http://www.autoadmit.com/thread.php?thread_id=3930894&forum_id=2#35701260) |
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