Milagro Holdings, LLC Bankruptcy New Filing Alert: Motion For Authority To Pay Claims Of Vendors

On July 15, 2015, a motion for authority to pay claims of vendors was filed in the bankruptcy case of Milagro Holdings, LLC and its affiliates.

The filing was assigned docket number 10 and is described on the court’s official docket as follows:

Motion Regarding Chapter 11 First Day Motions¬†// Debtors’ Motion for Entry of Interim and Final Orders (I) Authorizing Debtors to Pay or Honor Pre-Petition and Post-Petition (A) Obligations to Holders of Royalty Interests and Working Interests and (B) Lease Operating Expenses; and (II) Granting Related Relief¬†Filed By Milagro Holdings, LLC (Cleary, M. Blake) (Entered: 07/15/2015)

Milagro Holdings, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 15, 2015. 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 15-11520. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Porter & Hedges, L.L.P. is acting as lead bankruptcy counsel to Milagro Holdings, LLC in the bankruptcy case.


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