Judge orders mediation in Energy Future bankruptcy

May 4, 2015 7:34 PM

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WILMINGTON, Del May 4 (Reuters) - A U.S. bankruptcy judge ordered mediation to try to resolve how creditors of Texas' largest power company, Energy Future Holdings Corp, will divide payments that are a key part of ending its year-long bankruptcy.

The mediator will help parties determine if a $805 million proposed settlement contained in the company's bankruptcy exit plan is fair and how to divide the money.

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