New Delaware Chapter 11 Filing – Homer City Generation, L.P.
Homer City Generation, L.P., a coal-fired merchant power plant based in Indiana County, Pennsylvania, has filed a voluntary petition for chapter 11 bankruptcy relief in the United States Bankruptcy Court for the District of Delaware (Case No. 17-10086). The petition lists between $1 and $10 billion in assets and between $500 million and $1 billion in liabilities. The company enters bankruptcy with a prepacked chapter 11 reorganization plan and intends to operate in the normal course throughout the bankruptcy restructuring process. Epiq is the proposed claims agent. The company issued a press release with further information about this case. The case has been assigned to the Honorable Mary F. Walrath.
Contact Norman L. Pernick and Nicholas J. Brannick for more information.
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