IN RE ENERGY FUTURE HOLDING CORP.

Bankruptcy Case No. 14-10979-CSS (Jointly Administered) Civil Action No. 14-723-RGA.

527 B.R. 157 (2015)

IN RE: ENERGY FUTURE HOLDING CORP., et al., Debtors. Delaware Trust Company, as Indenture Trustee, Appellant, v. Energy Future Intermediate Holdings, LLC and EFIH Finance, Inc., Appellees.

United States District Court, D. Delaware.

Signed February 19, 2015.


Attorney(s) appearing for the Case

Norman L. Pernick, Esq. , J. Kate Stickles, Esq. , Cole, Scholtz, Meisel, Forman & Leonard, PA, Wilmington, DE, Keith H. Wofford, Esq. , D. Ross Martin, Esq. (argued), Ropes & Gray, LLP, New York, NY, Andrew G. Devore, Esq. , Erin R. Macgowan, Esq. , Ropes & Gray, LLP, Boston, MA, James H. Millar, Esq. , Drinker Biddle & Reath, LLP, New York, NY, attorneys for Appellant Delaware Trust Company.

Mark D. Collins, Esq. , Daniel J. DeFranceschi, Esq. , James M. Madron, Esq. , Richards, Layton & Finger, PA, Wilmington, DE, Edward O. Sassower, Esq. , Stephen E. Hessler, Esq. , Brian E. Schartz, Esq. , Kirkland & Ellis, LLP, New York, NY, James H.M. Sprayregen, Esq. , Chad J. Husnick, Esq. , Steven N. Serajeddini, Esq. , Andrew McGaan, Esq. (argued), Kirkland & Ellis, LLP, Chicago, IL, attorneys for Appellee, Energy Future Intermediate Holdings, LLC, and EFIH Finance, Inc.

Karen C. Bifferato, Esq. , Connolly Gallagher, LLP, Wilmington, DE, Jeffrey S. Sabin, Esq. , Bingham McCutchen LLP, New York, NY, Julia Frost-Davies, Esq. , Patrick Strawbridge, Esq. (argued), Christopher L. Carter, Esq. , Bingham McCutchen LLP, Boston, MA, attorneys for Intervenor Pacific Investment Management Company, LLC.


MEMORANDUM OPINION

Presently before the Court is Delaware Trust Company's appeal (D.I.1) from the Bankruptcy Court's Order Approving First Lien Settlement (D.I.1-1) in the chapter 11 bankruptcy case of Energy Future Holding Corporation.

I. BACKGROUND

Energy Future Holding Corporation and its subsidiaries...

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