Edison Mission Powers Down with Ch. 11 Filing

"Following in the footsteps of other major power producers with large coal operations, Edison Mission Energy on Monday, Dec. 17, filed for bankruptcy in Chicago, blaming lower wholesale electricity prices, heavy environmental compliance costs and looming payments on billions of dollars of debt.

...James H.M. Sprayregen, Joshua A. Sussberg, David R. Seligman and Sarah H. Seewer at Kirkland & Ellis LLP (advise Edison Mission)."

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