On December 17, 2015, a plan of reorganization was filed in the bankruptcy case of New Gulf Resources, LLC and its affiliates.
The filing was assigned docket number 26 and is described on the court’s official docket as follows:
Motion to Authorize Debtors to Assume (I) Restructuring Support Agreement and (II) Pay and Reimburse Related Fees and Expenses Filed by New Gulf Resources, LLC. (Attachments: # (1) Exhibit A # (2) Exhibit B) (Cleary, M. Blake)
New Gulf Resources, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 17, 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 15-12566. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Baker Botts LLP is acting as lead bankruptcy counsel to New Gulf Resources, LLC in the bankruptcy case.