Vendors line up to demand returns from Westinghouse

Vogtle_eye_viewby Kristi E. Swartz
4/20/2017: Roughly 30 vendors have asked Westinghouse Electric Co. to return $35 million in materials and products that the mega-contractor ordered for four nuclear reactors in Georgia and South Carolina before the company filed for Chapter 11 bankruptcy protection, documents show.

At issue are “reclamation of claim” letters, which are routine during a matter of bankruptcy. Broadly, they allow vendors to ask that unpaid materials and goods ordered within 45 days of a bankruptcy filing be set aside and returned.

Read the whole story: E&E News

 

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