Underground Energy, Inc.  Bankruptcy New Filing Alert: Objection To The Disclosure Statement With Respect To A Plan Of Reorganization Or Liquidation

On June 11, 2014, an objection to the disclosure statement with respect to a plan of reorganization or liquidation was filed in the bankruptcy case of Underground Energy, Inc.  and its affiliates.

The filing was assigned docket number 540 and is described on the court’s official docket as follows:

Objection (related document(s): 504 Disclosure Statement filed by Debtor Underground Energy, Inc.) OBJECTION OF OFFICIAL COMMITTEE OF UNSECURED CREDITORS TO APPROVAL OF DEBTORS DISCLOSURE STATEMENT DESCRIBING CHAPTER 11 PLAN OF REORGANIZATION Filed by Creditor Committee OFFICIAL COMMITTEE OF UNSECURED CREDITORS (Mojdehi, Ali) (Entered: 06/11/2014)

Underground Energy, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 4, 2013. The bankruptcy case is pending before the United States Bankruptcy Court for the Central District of California . The case number for the lead bankruptcy case is 13-10563. The bankruptcy case is currently assigned to United States Bankruptcy Judge Robin Riblet. The law firm of Nordman Cormany Hair & Compton LLP is acting as lead bankruptcy counsel to Underground Energy, Inc.  in the bankruptcy case.

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