The Texas Tribune
by Jim Malewitz
Energy Future Holdings, Texas’ largest power company, has cleared a major hurdle in its effort to emerge from one of the largest corporate bankruptcies in American history.
U.S. District Judge Christopher Sontchi on Thursday signed off on the company’s plan to break up key pieces of the company — a major step in the conglomerate’s effort to shed tens of billions of dollars in debt though a plan that could hold major implications for …