December 31st, 2011

Dynegy bankruptcy examiner to be appointed: judge

Bankruptcy News, by vortex debt group.

(Reuters) – A judge ordered the appointment of an examiner for the bankruptcy of Dynegy Holdings LLC, after a bond trustee said an investigation was needed to determine whether bondholders were being treated fairly. The examiner will investigate a series of transactions that took place shortly before last month’s Chapter 11 filing by the holding company for power producer Dynegy Inc, which is …

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