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Judge Delays Confirmation of FirstEnergy Solutions Bankruptcy Reorganization

Perry Nuclear Plant
TIM RUDELL
/
WKSU
Perry Nuclear Plant

A hearing in Akron on First Energy Solutions bankruptcy reorganization has been adjourned for now. A company spokesperson says Judge Alan Koschik, of the United States Bankruptcy Court for the Northern District of Ohio, delayed confirming the company’s reorganization plan at the conclusion of the two-day hearing Wednesday.

Spokesperson Angela Pruitt, from ,  said the judge wants the company to either reach new union contracts or move to reject them before confirming the plan. First Energy Solutions is negotiating new contracts with workers at the Perry Nuclear Power Plant as part of the bankruptcy reorganization.

In an email Pruitt stated, "The judge explicitly said 'I am not denying confirmation, I’m just adjourning the hearing.'"

Under a  blockbuster new energy bill the state legislature passed last month, First Energy Solutions will receive a billion dollars in state subsidies over the next seven years to keep its two Ohio nuclear plants open.

A follow-up hearing on the company's bankruptcy reorganization is set for September 10.

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A Northeast Ohio native, Sarah Taylor graduated from Miami University in Oxford, Ohio where she worked at her first NPR station, WMUB. She began her professional career at WCKY-AM in Cincinnati and spent two decades in television news, the bulk of them at WKBN in Youngstown (as Sarah Eisler). For the past three years, Sarah has taught a variety of courses in the School of Journalism and Mass Communication at Kent State, where she is also pursuing a Master’s degree. Sarah and her husband Scott, have two children. They live in Tallmadge.