On January 19, 2016, an objection to 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 181 and is described on the court’s official docket as follows:
Objection Energy & Exploration Partners, LLCs Objection to the Debtors Motion for Entry of an 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 document(s)) Filed by Energy & Exploration Partners, LLC (Attachments: # (1) Certificate of Service # (2) Service List) (Fay, Erin)
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.