It’s back to the drawing board for FirstEnergy Corp. and its subsidiary, FirstEnergy Solutions, now that a federal bankruptcy judge has struck down an important part of the utility company’s proposed restructuring plan. The plan attempted to free the parent company of liability for mounting losses for the division of the firm that controls FirstEnergy’s unprofitable coal-fired and nuclear power plants in Ohio and Pennsylvania, including the Davis-Besse nuclear plant in Ottawa County. FirstEnergy Solutions, which has been assigned to take on the debt and operations of those plants, responded by saying it expects to submit a revised disclosure statement for its reorganization plan. The filing will be with the U.S. Bankruptcy Court in Akron overseeing its Chapter 11 restructuring.
Toldeo Blade 6th April 2019 read more »
Kitty Tucker: Anti-nuclear activist who helped bring America’s Silkwood case to world’s attention. She pushed for a lawsuit against a plutonium-plant owner whose whistleblower employee died in a car crash while on the way to a meeting with a New York Times reporter. Anti-nuclear power campaigner Kitty Tucker was a law student when Karen Silkwood – the American labour activist played by Meryl Streep in the film Silkwood – died. While juggling her academic responsibilities and caring for her young children, Tucker successfully lobbied an American women’s body to push for an investigation into Silkwood’s death in a car accident in 1974 – a labour union investigator suggested her vehicle may have been forced off the road.
Independent 10th April 2019 read more »
