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Partner Seth H. Lieberman Quoted on Energy Future Holdings Inc.’s Bankruptcy Filing
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Seth H. Lieberman, member of Pryor Cashman’s Bankruptcy, Reorganization and Creditors’ Rights Group, was quoted in a Law360 article entitled "Junior Creditors Will Be Key To Energy Future’s Ch. 11."
The article discusses Energy Future Holdings Inc.’s much-anticipated bankruptcy filing. The company expects to complete its restructuring within 11 months.
"In a case of this magnitude, with this much at stake, it certainly can go relatively quickly. It can be an 11-month process. But oftentimes the more that’s at stake, the more parties, for better or worse, may be incentivized to dig in their heels a little more, which at times can lead to delay," said Lieberman.
To read the article in its entirety, please click here.
