On January 28, 2015, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of Tri-Valley Corporation and its affiliates.
The filing was assigned docket number 916 and is described on the court’s official docket as follows:
Motion to Approve Compromise under Rule 9019 Motion for Approval of (a) Global Settlement of Litigation and Disputes Involving Former Directors and Officers of Tri-Valley Corp. and (b) Agreement on How to Allocate Settlement Proceeds Among the Trustees and Class Action Plaintiffs Pursuant to Fed. R. Bankr. P. 9019 Filed by Charles A. Stanziale Jr.. Objections due by 2/27/2015. (Buck, Kate)
Tri-Valley Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 7, 2012. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 12-12291. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of K&L Gates LLP is acting as lead bankruptcy counsel to Tri-Valley Corporation in the bankruptcy case.