On October 2, 2015, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of Milagro Holdings, LLC and its affiliates.
The filing was assigned docket number 277 and is described on the court’s official docket as follows:
Motion to Approve Compromise under Rule 9019 // Debtors’ Motion for an Order Authorizing the Debtors to Enter Into, and Approving, Settlement Term Sheet with Guerra Brothers Successors, Ltd. Filed by Milagro Holdings, LLC. Hearing scheduled for 10/8/2015 at 11:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 10/7/2015. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B) (Duda, Justin)
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.