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LSP Energy Keeps Sole Chapter 11 Control Through Sept. 7

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Bankruptcy Judge Mary Walrath said that LSP Energy can keep control over its chapter 11 case through Sept. 7 while it continues to look for a buyer for its Mississippi power plant, Dow Jones DBR Small Cap reported today. Judge Walrath on Monday signed off on the extension, which extends the company's deadline to file a creditor-payment plan without the threat of rival plans from creditors.