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Case 1410979CSS Doc 2146 Filed 09/26/14-Page 1 of 19 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: ENERGY FUTURE HOLDINGS CORP., et al.,1 Debtors. )))))))) Chapter 11 Case
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Chapter 11 energy future refers to a specific section of the bankruptcy code that allows a company to reorganize its business while continuing to operate.
Any company in the energy industry that is struggling financially and needs to restructure its debts may file for chapter 11 energy future.
To file for chapter 11 energy future, a company must prepare and submit a petition to the bankruptcy court including details of its assets, liabilities, and proposed reorganization plan.
The purpose of chapter 11 energy future is to provide a company with the opportunity to restructure its finances and operations in order to become financially viable again.
Information such as the company's financial statements, list of creditors, proposed reorganization plan, and any other relevant financial information must be reported on chapter 11 energy future.
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