PETITION

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Westinghouse (Get Off My Lawn)

The Southern District of New York bankruptcy judge Heisman'd the official committee of unsecured creditors earlier this week after they attempted to propose a plan of reorganization mere days after the company's parent, Toshiba Corp., filed one. Meanwhile SCANA Corp. ($SCG) is in a war with the South Carolina legislature over whether the utility may continue to pass the costs of abandoned nuclear reactors to customers of electricity. If it loses? The company says it may have no choice but to file bankruptcy. Elsewhere in nuclear power, Santee Cooper has commenced an operational restructuring.