The largest unsecured creditor of West Texas power producer Ector County Energy Center LLC kicked off the power plant's Chapter 11 case Wednesday by telling a Delaware bankruptcy judge that the debtor had "no obvious reorganization purpose" in filing for bankruptcy.
Secured creditors of a bankrupt aircraft leasing company told a New York federal judge Monday that they will seek to dismiss the company's Chapter 11 case because they believe it is being run to stall the creditors' foreclosure efforts.