A bankruptcy judge yesterday put the brakes on Optim Energy LLC 's plan to exit bankruptcy through the sale of its two Texas power plants after a unit of private equity company Blackstone Group LP objected to the deal, Dow Jones Daily Bankruptcy Review reported today. Bankruptcy Judge Brendan Linehan Shannon of the U.S. said that he would hold off on ruling on Optim's plan disclosure statement, which describes the company's plan to exit bankruptcy protection by selling two Texas power plants, until early next month.
