Entrust, Shell Battle Over Winter Storm Claims Moves to Trial

Entrust Energy Inc.'s claims that a Shell unit owes at least $175 million for allegedly breaching energy supply contracts during Winter Storm Uri in 2021 will head to trial after a judge held that factual issues must be resolved.

Competing motions for summary judgment from Entrust, which had its bankruptcy liquidation plan confirmed in 2021, and Shell Energy North America US LP were denied Tuesday by the US Bankruptcy Court for the Southern District of Texas. Both energy retailers made claims that involve issues of material fact over whether Entrust was in default when Shell terminated its transactions with the ...