Nov 29
Blog Post: La Paloma's Ch. 11 Buyer Fights Calif. Air Board's Appeal Bid
by Anonymous
La Paloma Generating Co. LLC’s buyer and senior creditor LNV Corp. late Tuesday opposed California regulators’ efforts to halt pending appeal the Delaware bankruptcy court’s decision taking the purchaser off the hook for roughly $60 million in environmental liability, arguing that the move ignores the mechanics of bankruptcy appeals.
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