Energy Future Holdings Corp.'s $42 billion bankruptcy restructuring took an interesting turn this week when the company pushed a controversial $1.9 billion loan onto the back burner for discussions of "potentially beneficial" developments, Dow Jones Daily Bankruptcy Review reported today. Instead of going ahead Thursday and Friday with a continued court fight over the loan, Energy Future said that it would postpone the session "to provide the time needed to address...post-petition developments potentially beneficial" to those caught up in its chapter 11 proceedings. Energy Future also said it needs time "to continue discussions among certain creditors and third parties."
