Sixth circuit weighs FERC authority over rejection of power contracts in bankruptcy

On December 12, 2019, the US Court of Appeals for the Sixth Circuit issued a highly anticipated ruling in theFirstEnergy Solutions Corp. bankruptcy case, regarding the efforts of FirstEnergy Solutions Corp. (FirstEnergy or FES) to reject certain wholesale power purchase contracts.

Filed under:
USA, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Eversheds Sutherland (US) LLP, FERC, Sixth Circuit
Authors:
Mark D. Sherrill , Brian J. Plunkett , Edward P. Christian , Jim L. Silliman
Location:
USA
Firm:
Eversheds Sutherland (US) LLP