Daily Progress, Jacksonville, TX


May 22, 2014

Energy firm’s letter misleading

JACKSONVILLE — Many area residents have reported receiving a letter in the mail about filing a claim in a bankruptcy case involving Energy Future Holdings Corp.

According to local attorney Dick Stone, the case involves the reorganization of TXU and does not pertain to most recipients.

“The exception would be if they have a deposit on account with TXU. If so, they might want to call the number provided and get more detail,” Stone said.

The notice comes from a company called EPIQ Bankruptcy Services, which specializes in managing legal paperwork and is also running the website where court filings in the EFH bankruptcy are posted.

The group said it will file a detailed description by June 13 of how it hopes to restructure $40 billion in debt in less than a year. The court must approve the disclosure before creditors can begin voting on the plan.

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