Endeavour Operating Corporation Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On December 1, 2015, an order regarding the motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Endeavour Operating Corporation and its affiliates.

The filing was assigned docket number 1082 and is described on the court’s official docket as follows:

Order (A) Approving Sale of Certain of the Debtors Assets to LPN Energy, LLC Free and Clear of all Liens, Claims, Encumbrances and Other Interests Pursuant to Bankruptcy Code Sections 105 and 363(b), (f), and (m), (B) Approving Assumption, Assignment, and Sale of Certain Executory Contracts and Unexpired Leases Pursuant to Bankruptcy Code Sections 363 and 365 and Related Cure Amounts, and (C) Granting Related Relief (related document(s)[1029], [1081]) Order Signed on 12/1/2015. (Attachments: # (1) Exhibit “1&2”) (LMD)

Endeavour Operating Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 10, 2014. 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 14-12308. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Weil, Gotshal & Manges LLP is acting as lead bankruptcy counsel to Endeavour Operating Corporation in the bankruptcy case.


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