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LSP Seeks to Keep Sole Chapter 11 Control Amid Outage

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LSP Energy is seeking to keep exclusive control over its Chapter 11 case as it works to close on the sale of its assets and end an outage that's taken its gas-fired Mississippi power offline, Dow Jones DBR Small Cap reported today. In court papers filed on, the company asked for an extension through Nov. 21 of its exclusive right to file a creditor payment plan. The extension would prevent creditors from filing rival plans while LSP works to complete its own. The company's current plan-filing deadline is Oct. 22.