Magnum Hunter Resources Corporation (a/k/a Petro Resources Corporation) Bankruptcy New Filing Alert: Order Regarding The Application For Interim Approval Of Professional Compensation





On January 27, 2016, an order regarding the application for interim approval of professional compensation was filed in the bankruptcy case of Magnum Hunter Resources Corporation (a/k/a Petro Resources Corporation) and its affiliates.

The filing was assigned docket number 410 and is described on the court’s official docket as follows:

Order (I)Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Retained Professionals and (II)Granting Related Relief Order Signed on 1/27/2016. (SH)

Magnum Hunter Resources Corporation (a/k/a Petro Resources Corporation) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 15, 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 15-12533. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Kirkland & Ellis LLP is acting as lead bankruptcy counsel to Magnum Hunter Resources Corporation (a/k/a Petro Resources Corporation) in the bankruptcy case.

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