A $620 million court fight that could upset GenOn Energy Inc.’s plan to separate from NRG Energy Inc. will wrap up next week, with a ruling as early as today, WSJ Pro Bankruptcy reported. Bankruptcy Judge David Jones said at a hearing on Friday in Houston that he expects to rule from the bench on a dispute between GenOn and owners of power plants in Maryland. Final arguments are set to start this afternoon in the U.S. Bankruptcy Court for the Southern District of Texas. Owners of the Maryland plant accuse GenOn of draining cash from GenMa, leaving them with a financially unstable tenant. GenOn denies the allegations, and says plant owners have no claim to press in its bankruptcy.
