Derailing

Judge Says Amaranth Can Pursue Case Against JPMorgan

A New York State judge has ruled that Amaranth Advisors LLC and affiliate Amaranth LLC can pursue their lawsuit against JPMorgan Chase & Co. for allegedly derailing the failed hedge fund’s efforts to mitigate losses from natural gas trades in 2006.

November 12, 2008

Finances Derailing Power Plant Development in CA

The prospect for California fulfilling soon its goal of having 15-20% reserve margins in its electric generation capacity is clouded by the current financial uncertainty facing the energy industry, and may not be resolved until there is some further consolidation, according to representatives of merchant generators speaking at an industry conference in San Diego last week.

July 15, 2002