In the recent decision of In re: Abeinsa Holding Inc. et al., Del. Bankr. Ct. Dec. 14, 2016), Case No. 1:16-bk-10790, the Honorable Kevin J. Carey confirmed clean energy developer Abeinsa Holding Inc.’s Chapter 11 plan, which is part of the $16.5 billion global restructuring for Spanish parent Abengoa SA. Abengoa, with operations in
Abeinsa Holding Bankruptcy
Abeinsa Holding Opinion – Motion for Relief from Stay Granted
By Fox Rothschild LLP on
Posted in Opinions
Summary
In a 9 page decision dated October 6, 2016, Judge Carey of the Delaware Bankruptcy Court granted the motion of Portland General Electric (“PGE”) for relief from the automatic stay of the Bankruptcy Code. Judge Carey’s opinion is available here (the “Opinion”). PGE moved that the stay be lifted so that it could …