BK Bank of New York Mellon Corporation

Chesapeake Energy Corp. (CHK) didn't provide adequate notice of plans to redeem $1.3 billion of notes, an appeals court ruled Tuesday, sending the case back to a lower court, Reuters reported Tuesday on its website.

The 2nd U.S. Circuit Court of Appeals, in a 2-1 decision, sided with the notes' trustee Bank of New York Mellon Corp. (BK), with the ruling, and returned the case to a district court for further proceedings.

Full story at: www.reuters.com/article/2014/11/25/chesapeakeenergy-bankofnewyorkmellon-bon-idUSL2N0TF15C20141125

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