Endeavour Operating Corporation Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On April 29, 2015, 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 Endeavour Operating Corporation and its affiliates.

The filing was assigned docket number 600 and is described on the court’s official docket as follows:

Motion For Sale of Property Free and Clear of Liens under Section 363(f)(FEE) (Debtors’ Motion for (I) Order Approving (A) Bid Procedures, Including Procedures for Selection of Stalking Horse Purchasers, (B) Procedures for Assumption and Assignment of Certain Executory Contracts and Unexpired Leases and Related Notices, (C) Notice of Auction, Stalking Horse Hearing and Sale Hearing, and (D) Related Relief and (II) Order (A) Approving the Sale of Substantially all of the Debtors’ Assets Free and Clear of all Liens, Claims, Encumbrances and Other Interests Pursuant to Bankruptcy Code Sections 105, 363(b), (f), and (m), (B) Approving Assumption, Assignment and Sale of Certain Executory Contracts and Unexpired Leases Pursuant to Bankruptcy Code Sections 363 and 365 and Related Cure Amounts, and (C) Granting Related Relief) Fee Amount $176 Filed by Endeavour Operating Corporation. Hearing scheduled for 5/20/2015 at 03:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #5, Wilmington, Delaware. Objections due by 5/13/2015. (Attachments: # (1) Notice of Motion and Hearing # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C) (Shapiro, Zachary)

Endeavour Operating Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 10, 2014. 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 14-12308. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Weil, Gotshal & Manges LLP is acting as lead bankruptcy counsel to Endeavour Operating Corporation in the bankruptcy case.


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