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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Constellation Files License Renewal Applications with the NRC for Two New York Units

LCG, June 29, 2026--Constellation announced on June 26 that it has filed license renewal applications with the Nuclear Regulatory Commission (NRC) to extend for 20 years the operations of Ginna Clean Energy Center and Nine Mile Point Unit 1 reactors in upstate New York to 2049. Constellation stated that it's decision to invest in these plants to extend their safe and reliable operations into mid-century demonstrates that New York State's renewal of its Zero Emissions Credit (ZEC) program is working as intended. Furthermore, Constellation stated that maintaining its nuclear fleet is estimated to save New Yorkers $50 billion and sustain reliable emissions-free generation resources to serve increasing electricity demands.

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Industry News

Enron's Bankruptcy Plan Filed

LCG, July 11, 2003--Enron filed a bankruptcy reorganization plan that the company's acting chief executive, Stephen Cooper, said represented a distribution of "100% of the economic value of Enron."

The plan will account for 300 classes of creditors, which have claims against 173 affiliates included in the filing for bankruptcy protection. A majority of the members of each class will need to approve the plan, and a vote of two-thirds of the total dollar amount will have to give its backing. Cooper said that a number of creditors and the court-appointed examiner representing Enron North America creditors have voiced their support.

The claims creditors say they are owed equal $67 billion, although what they will receive may be between 14.4 cents and 18.3 cents per dollar, much less than creditors in most bankruptcies receive. The payouts will be made 70% in cash, according to Cooper.
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