Apr 19

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Blog Post: NextEra Fights To Keep $275M Termination Fee At 3rd Circ.

by Anonymous

NextEra Inc. urged the Third Circuit on Thursday to reinstate a $275 million termination fee it won after its deal to buy assets from Dallas-based Energy Future Holdings Inc.’s Chapter 11 estate fell through, arguing that there was no manifest error plaguing the award that warranted its later reversal.
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