Boyce Hydro, LLC

CourtUnited States Bankruptcy Court, E.D. Michigan
DecidedOctober 8, 2021
Docket20-21214
StatusUnknown

This text of Boyce Hydro, LLC (Boyce Hydro, LLC) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, E.D. Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Boyce Hydro, LLC, (Mich. 2021).

Opinion

UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF MICHIGAN NORTHERN DIVISION – BAY CITY

IN RE: Case No. 20-21214-dob BOYCE HYDRO, LLC, et al. Chapter 11 Proceeding Hon. Daniel S. Opperman Debtors.1

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OPINION REGARDING LIQUIDATING TRUSTEE’S MOTION TO ENFORCE ORDER CONFIRMING PLAN AGAINST THE STATE OF MICHIGAN; THE DEPARTMENT OF ENVIRONMENT, GREAT LAKES, AND ENERGY; AND THE DEPARTMENT OF NATURAL RESOURCES

Scott Wolfson, the Liquidating Trustee of the Boyce Hydro Liquidating Trust, filed a motion to enforce certain plan conditions on the State of Michigan, the Department of Environment, Great Lakes, and Energy (EGLE), and the Department of Natural Resources (DNR). Numerous claimants support the relief requested by the Trustee; the State of Michigan, the DNR and EGLE oppose this relief. Jurisdiction This Court has subject matter jurisdiction over this proceeding pursuant to 28 U.S.C. § 157, 28 U.S.C. § 1334 and E. D. Mich. LR 83.50(a). This is a core proceeding pursuant to 28 U.S.C. § 157.

1 The Debtors in these Chapter 11 cases, along with the last four digits of each Debtor’s federal taxpayer identification number, are: (i) Boyce Hydro, LLC (6694), Case No. 20-21214 and (ii) Boyce Hydro Power, LLC (3034), Case No. 20-21215. Introduction A. Pre-Bankruptcy Events The Debtors in these cases, Boyce Hydro LLC and Boyce Hydro Power, LLC, along with related entities, owned and operated four dams in Gladwin and Midland Counties. The dams created or enhanced four lakes along the Tittabawassee and Tobacco Rivers and generated

electricity. By the end of the 20th Century, the dams needed repair and maintenance that the Debtors and related entities either could not afford or would not make. The Federal Energy Regulatory Commission (FERC) ultimately withdrew federal approval, which had the effect of putting regulatory authority with the DNR and EGLE. After investigation and review, each department took action. B. 2018 and 2019 Alleged Actions The DNR and EGLE have alleged that the Debtors and others lowered water levels in Wixom Lake by seven feet in the fall of 2018 and in doing so imperiled certain aquatic wildlife. Midland and Gladwin Counties each approved resolutions to seek court authority to require the

lake levels to rise to previous levels and to create an entity, the Four Lakes Task Force (“FLTF”), to purchase the dams and other property. In early 2019, the Counties and FLTF filed lawsuits to prohibit the lowering of the lake levels and maintain certain lake levels. Public meetings were held and other methods were used to gather input. After a public hearing, the court ordered the lake levels to be returned to previous traditional non-winter levels with an allowance of a three feet reduction in winter months. The Wixom Lake levels were restored but then lowered more than three feet in the fall of 2019. C. 2020 Events With the lake level lowered, the DNR performed aquatic wildlife surveys and concluded that thousands, if not millions, of freshwater mussels were killed. In particular, the drawdown, refilling, and drawdown of levels caused the mussels to be lured into watered areas, and then be left with insufficient water to survive the winter. The DNR noted a deadly effect on snuffbox

mussels, a state and federal endangered species. Accordingly, the DNR and EGLE filed a complaint in the Ingham County Circuit Court seeking redress for these losses and damages (“Ingham County Action”). The Debtors and related entities began to raise the lake levels in spring 2020. By May 2020, the levels returned to the traditional levels as approved by the state court. On May 19, 2020, the Edenville Dam failed, followed by a partial failure of the Sanford Dam. As a result, the downriver communities of the Village of Sanford, City of Midland, and adjoining areas were flooded and thousands of humans displaced and substantial property damage was sustained. The DNR and EGLE turned to court action, this time in the District Court for the Western

District of Michigan, claiming that the Debtors, Lee Mueller, Boyce Michigan, LLC, WD Boyce Trust 2350, WD Boyce Trust 3649 and Boyce Trust 3650 violated various federal and state environmental laws under the Michigan Natural Resources and Environmental Protection Act, M.C.L. § 324.101 et seq. (“Western District Action”). D. Bankruptcy Activity The Debtors filed their Chapter 11 petition on July 31, 2020 and the Court held numerous hearings and conferences by telephone throughout 2020. By late 2020, through Herculean efforts of all counsel, the Debtors were within striking distance of confirming a Chapter 11 Plan. On February 25, 2021, this Court entered a Non-Consensual Order Confirming Debtor’s Fourth Modified Joint Consolidated Chapter 11 Plan of Liquidation. This Order approved the creation of the Boyce Hydro Liquidating Trust and appointed Mr. Wolfson as the Liquidating Trustee. E. Specific Terms of the Plan and Trust The Plan and the Trust Agreement were products of lengthy and thoughtful negotiations and control the relationship between and among the Debtors, the related entities, the Liquidating

Trustee, claimants and creditors. Initially, the Plan defined a “Claim” as: 19. The Plan defines “Claim” to mean “a ‘Claim’ (as defined in section 101(5) of the Bankruptcy Code) asserted against the Debtors (including as substantively consolidated hereunder), including, but not limited to: (a) any right to payment against, whether or not such right is reduced to judgment, liquidated, unliquidated, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured; or (b) any right to an equitable remedy for breach of performance, if such performance gives rise to a right of payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured, unmatured, disputed, undisputed, secured, or unsecured.”

Next, the Plan enjoins a claim holder from:

“. . . commencing, conducting or continuing in any matter, whether directly or indirectly, any suit, action or other proceeding of any kind (including, without limitation, any proceeding in a judicial, arbitral, administrative or other forum) against or affecting the Liquidating Trust or any of its property, or any direct or indirect transferee of any property of, or direct or indirect successor in any interest to, the foregoing Liquidating Trust, or any property of any such transferee or successor.”

The Plan also contains a Channeling Injunction that enjoins “pursuing or seeking to pursue, by any manner or means any Covered Claim against the Insurer Parties and Insurance Settlement Released Parties”. This provision was necessary to allow certain insurers of the Debtor and various parties to tender the amount of insurance coverage to the Liquidating Trustee and to meet the contractual obligations of each insurer to its insureds and related entities. This language does not apply to the Ingham County Action, but does apply to the Western District Action and in particular to Ms. Mueller and Mr. Hultberg, who are named related parties and who contributed funds for settlement. The State of Michigan, the DNR and EGLE participated in the Plan and Trust negotiations and were concerned their interests would be protected, particularly the right to enforce police powers. To that end, the following language was included:

J. Reservation of Rights of the United States and State of Michigan

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