Milagro Holdings, LLC Bankruptcy New Filing Alert: Plan Of Reorganization

On August 11, 2015, a plan of reorganization was filed in the bankruptcy case of Milagro Holdings, LLC and its affiliates.

The filing was assigned docket number 104 and is described on the court’s official docket as follows:

Motion to Approve // Debtors’ Motion for an Order (A) Approving Procedures for Rights Offering and Related Forms; (B) Authorizing the Debtors to Assume the Backstop Commitment Letter; and (C) Authorizing the Debtors to Conduct the Rights Offering in Connection with the Debtors’ Joint Plan of Reorganization Pursuant to Chapter 11 of the Bankruptcy Code (related document(s)[64], [65], [93]) Filed by Milagro Holdings, LLC. Hearing scheduled for 9/1/2015 at 02:00 PM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 8/25/2015. (Attachments: # (1) Notice of Motion # (2) Exhibit 1 # (3) Exhibit 2) (Bartley, Ryan)

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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