Quicksilver Resources Inc. (a/k/a Wellflex Energy Solutions) Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On October 23, 2015, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Quicksilver Resources Inc. (a/k/a Wellflex Energy Solutions) and its affiliates.

The filing was assigned docket number 736 and is described on the court’s official docket as follows:

Emergency Motion to Authorize (Debtors’ Emergency Motion for Entry of an Order Authorizing Certain Severance and Release Payments to Non-Insider Employees) Filed by Quicksilver Resources Inc.. Hearing scheduled for 11/3/2015 at 10:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #2, Wilmington, Delaware. Objections due by 11/2/2015. (Attachments: # (1) Notice # (2) Exhibit A) (Biblo, Rachel)

Quicksilver Resources Inc. (a/k/a Wellflex Energy Solutions) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 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 15-10585. The bankruptcy case is currently assigned to United States Bankruptcy Judge Laurie Selber Silverstein. The law firm of Akin, Gump, Strauss, Hauer & Feld LLP is acting as lead bankruptcy counsel to Quicksilver Resources Inc. (a/k/a Wellflex Energy Solutions) in the bankruptcy case.

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