Underground Energy, Inc.  Bankruptcy New Filing Alert: Stipulation Regarding Motion For Setoff Or Recoupment Of Claims

On November 25, 2014, a stipulation regarding motion for setoff or recoupment of claims was filed in the bankruptcy case of Underground Energy, Inc.  and its affiliates.

The filing was assigned docket number 728 and is described on the court’s official docket as follows:

Stipulation By Underground Energy, Inc. and Creditor, Buynak Fauver Archbald & Spray Regarding Relief From Stay To Allow Offset and Satisfaction of Claims Filed by Debtor Underground Energy, Inc. (Winfield, William) (Entered: 11/25/2014)

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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