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Top Mega Bankruptcies by Industry for Jan-Oct 2012

Thursday, 08 November 2012 05:20
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For the first ten months of 2012, the manufacturing industry continues to lead mega filings with ten, followed by finance and information with seven mega filings each and the real estate industry with six mega filings.

 

The distribution of bankruptcy mega cases by industry for 2011 is:

 

     Manufacturing                   14     17%

     Accommodation & Food Services   12     14%

     Finance & Insurance               9     11%

     Information                       8     10%

     Retail Trade                     7     8%

     Real Estate                      7     8%

     Others                           26     32%

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  • New MACH Gen Case Summary & 20 Largest Unsecured Creditors

    Lead Debtor: New MACH Gen, LLC

                          1780 Hughes Landing, Suite 800

                          The Woodlands, TX 77380 

     

    Type of Business: New MACH Gen owns and manages a portfolio of 

                                 three natural gas-fired electric generating 

                                 facilities located in the United States: (1) a 

                                1,080 MW facility located in Athens, New York, 

                                that achieved commercial operation on May 5, 

                                2004; (2) a 1,092 MW facility located in 

                                Maricopa County, Arizona, that achieved 

                                commercial operation on Sept. 11, 2004; and (3) 

                                a 360 MW facility, located in Charlton, 

                               Massachusetts, that achieved commercial 

                               operation on April 12, 2001.  The facilities 

                               dispatch electricity into three power markets, 

                               two of which are served by independent system 

                               operators and similar transmission interfaces 

                               across a geographically diverse area.  

                              Specifically, the Athens facility dispatches 

                              power into the region managed by the New York  

                              ISO, the Harquahala facility into the region 

                              served by the Western Electricity Coordinating 

                              Council, and the Millennium facility into the 

                              region managed by ISO New England.

     

    Chapter 11 Petition Date: June 11, 2018

     

    Affiliated companies that filed voluntary petitions seeking relief

    under Chapter 11 of the Bankruptcy Code:

     

        Debtor                                                                  Case No.

        ------                                                                      --------

        New MACH Gen, LLC (Lead Debtor)                  18-11368

        MACH Gen GP, LLC                                            18-11369

        Millennium Power Partners, L.P.                          18-11370

        New Athens Generating Company, LLC              18-11371

        New Harquahala Generating Company, LLC       18-11372

     

    Court: United States Bankruptcy Court

           District of Delaware (Delaware)

     

    Judge: Hon. Mary F. Walrath

    Written on Wednesday, 13 June 2018 07:04 in Latest News Be the first to comment! Read 2801 times Read more...