FERC Requires a Business to Pay Off a Related Business’s Debts Before Entering RTO Market

When a business entity that is regulated by the Federal Energy Regulatory Commission (FERC) is closely related to another business entity, FERC takes the position that under some circumstances it may treat the two different legal entities as if they were one single entity.

Filed under:
USA, New York, Corporate Finance/M&A, Energy & Natural Resources, Insolvency & Restructuring, Morgan, Lewis & Bockius LLP, FERC
Authors:
Edwin E. Smith , J. Daniel Skees , Stephen M. Spina
Location:
USA
Firm:
Morgan, Lewis & Bockius LLP