Bosque Power Co. filed for bankruptcy Wednesday. According to court reports, the U.S. electricity generator made the filing in a Texas bankruptcy court.
The bankruptcy filing was largely a result of debt that resulted from a 2008 borrowing. Through bankruptcy proceedings, the company will attempt to restructure its debt.
If your company is considering a Chapter 11 filing, contact the Austin Chapter 11 bankruptcy lawyers of Slater Kennon LLP, at 512-338-1100.