New Gulf Resources, LLC Bankruptcy New Filing Alert: Order Regarding The Disclosure Statement With Respect To A Plan Of Reorganization Or Liquidation

On February 4, 2016, an order regarding the disclosure statement with respect to a plan of reorganization or liquidation was filed in the bankruptcy case of New Gulf Resources, LLC and its affiliates.

The filing was assigned docket number 264 and is described on the court’s official docket as follows:

Order (A) Approving the Disclosure Statement, (B) Approving the Solicitation Procedures and Equity Opt Out Procedures, (C) Approving the Form of Ballots and Notices in Connection Therewith, (D) Establishing the Plan Confirmation Schedule, and (E) Granting Related Relief. (Related Doc # [55])(related document(s)[55]) Order Signed on 2/4/2016. (Attachments: # (1) Exhibit 1 # (2) Exhibit 2 # (3) Exhibit 3 # (4) Exhibit 4 # (5) Exhibit 5 # (6) Exhibit 6 # (7) Exhibit 7 # (8) Exhibit 8) (GM)

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.


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