Sabine Oil & Gas Corporation (a/k/a Forest Oil Corporation) Bankruptcy New Filing Alert: Response To The Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On November 23, 2015, a response to the motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Sabine Oil & Gas Corporation (a/k/a Forest Oil Corporation) and its affiliates.

The filing was assigned docket number 554 and is described on the court’s official docket as follows:

Response to Objection of the Official Committee of Unsecured Creditors to Debtors’ Motion for Entry of an Order Approving and Authorizing the Performance Award Program filed by Margot Schonholtz on behalf of Wells Fargo Bank, National Association. (Schonholtz, Margot)

Sabine Oil & Gas Corporation (a/k/a Forest Oil Corporation) 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 Southern District of New York . The case number for the lead bankruptcy case is 15-11835. The bankruptcy case is currently assigned to United States Bankruptcy Judge Shelley Chapman. The law firm of Kirkland & Ellis LLP is acting as lead bankruptcy counsel to Sabine Oil & Gas Corporation (a/k/a Forest Oil Corporation) in the bankruptcy case.

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