Joint Plan of Liquidation Confirmed in Boston Generating, LLC

Jager Smith represented the Official Committee of Unsecured Creditors of Boston Generating, LLC and its affiliated debtors in connection with the negotiation and confirmation of their joint plan of liquidation, which the United States Bankruptcy Court for the Southern District of New York confirmed. Prior to seeking bankruptcy protection, the debtors owned and operated the third-largest power generating portfolio in New England and labored under a debt load that exceeded $1.9 billion. Now that the joint plan of liquidation has been confirmed, Jager Smith is representing the Liquidating Trustee of the BosGen Liquidating Trust.