Judge approves Murray energy contract settlement with Firstenergy solutions, Firstenergy Generation

摘要

A federal bankruptcy judge this week approved, “in its entirety,” an agreement between Ohio-based Murray Energy and bankrupt FirstEnergy Solutions/FirstEnergy Generation to settle the privately owned coal company’s $3.1 billion damage claim against the FirstEnergy subsidiaries. The Wednesday ruling by Judge Alan Koschik of the US Bankruptcy Court for the Northern District of Ohio formalizes the deal entered into about a month ago by the companies.