By Joshua Mann
Canada-based electricity retailer Just Energy Group Inc. has had to turn to the bankruptcy court in the fallout from Texas’ statewide blackouts in February.
On March 9, Just Energy petitioned the Southern District of Texas Bankruptcy Court for Chapter 15 bankruptcy protections and recognition of the main proceedings taking place in Canadian court. This is the second time in about six months that Just Energy has had to bring a Chapter 15 bankruptcy filing to the Houston court. It petitioned the court for recognition of a recapitalization as the result of a Canadian process in September, and that case exited the court at the end of October.
Texan customers represent the largest market for Just Energy, making up …