Plant cleanup part of Pustilnikov-AES dispute
by Garth Meyer AES site majority owner Leo Pustilnikov’s bankruptcy filing is partially tied to a question about who will pay for an environmental clean-up of the 69-year-old power plant. In court records filed since the Feb. 21 bankruptcy – the day before a scheduled public auction of the site – representatives for each side argue the other is responsible. “AES is obligated to fund these costs as the Third Amendment to the purchase and sale agreement makes clear,” wrote Pustilnikov attorney Victor Sahn, to Ernest M. Robles, United States Bankruptcy judge. “It is surprising to have its Chief Executive Officer say otherwise.” On March 6, Judge Robles granted an extension until March 21 for 9300 Wilshire, the name of Pustilnikov’s investment corporation, to submit financial and ownership documents to the court. In doing so, Robles overruled an AES motion objecting to the added time. The Virginia-based company’s attorney, Craig Wolf, of Costa Mesa, filed an 11-page objection supported by a 14-page declaration from AES President and CEO Mark Miller. “The Objection raises many arguments not relevant to the (9300 Wilshire extension request),” Judge Robles ruled. “Such as the allegation…
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