Buccaneer Resources, LLC Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On June 24, 2014, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Buccaneer Resources, LLC and its affiliates.

The filing was assigned docket number 158 and is described on the court’s official docket as follows:

Motion Debtors’ Motion for Order Authorizing the Sale or Abandonment of De Minimis Assets Pursuant to Proposed Sale and Abandonment Procedures Filed by Debtor Buccaneer Resources, LLC Hearing scheduled for 7/22/2014 at 03:00 PM at Houston, Courtroom 400 (DRJ). (Attachments: # (1) Proposed Order) (Bruner, Robert)

Buccaneer Resources, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 31, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Texas . The case number for the lead bankruptcy case is 14-60041. The bankruptcy case is currently assigned to United States Bankruptcy Judge David Jones. The law firm of Fulbright & Jaworski L.L.P. is acting as lead bankruptcy counsel to Buccaneer Resources, LLC in the bankruptcy case.

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