Tag Archives: Edison Mission bankruptcy

Bankruptcy and the corporate skunks

You know, skunks get a bad rap!  I admit they do get a little funky at times, but mostly when you mess with them or, worse, run over them with your car.  But that smell is nothing compared to what’s … Continue reading

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Another speed bump for Edison Mission bankruptcy plan

First the IRS … and now the Securities and Exchange Commission says Edison Mission’s plan “to emerge from bankruptcy shouldn’t be approved because its corporate shell could be used in violation of federal law …” Full story at Bloomberg – … Continue reading

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IRS urges court to reject Edison Mission bankruptcy plan

“The Internal Revenue Service urged an Illinois bankruptcy judge Wednesday to deny Edison Mission Energy’s Chapter 11 plan, saying it contained numerous provisions that infringed on the agency’s $1.3 billion tax claim against the estate”  Full article behind a pay-wall. … Continue reading

Posted in Edison Mission Group, Industrial Wind Taxes | Tagged , | 1 Comment