Dune Energy, Inc. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On March 14, 2016, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Dune Energy, Inc. and its affiliates.

The filing was assigned docket number 724 and is described on the court’s official docket as follows:

Motion for an Order Authorizing and Directing Governmental Agencies to Cancel Liens Pursuant to the Order Approving Purchase Agreement and Authorizing Sale Free and Clear of All Liens, Claims, Encumbrances, and Other Interests filed by Pamela Gale Johnson for Interested Party Trimont Energy (NOW), LLC (Attachments: # 1 Proposed Order)(Johnson, Pamela) (Related Document(s): 378 Order Regarding (related document(s): 4 Debtors’ Emergency Motion Pursuant to Bankkruptcy Code Sections 105(a), 363 and 365 and bankruptcy Rules 2002, 604 and 6006 for Entry of (I0 Order (A) Approving Sale and Bidding Procedures in Connection with Sale of Assets of the Debtors, (II) Approving Form and Manner of Notice, (C) Scheduling Auction and Sale Hearing, (C) Authorizing Procedures Governing Assumption and Assignment of Certain Executory Contracts and Unexpired Leases, and (E) Granting Related Relief; and (II) Order (A) Approving Purchase Agreement, (B) Authorizing Sale Free and Clear of All Liens, Claims, Encumbrances, and other Interests, and (C) Granting Related Relief filed by Charles A. Beckham Jr. for Debtor Dune Energy, Inc. (Attachments: # 1 Proposed Order)) (Order entered on 7/10/2015))

Dune Energy, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 8, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Western District of Texas . The case number for the lead bankruptcy case is 15-10336. The bankruptcy case is currently assigned to United States Bankruptcy Judge H. Christopher Mott. The law firm of Haynes & Boone, LLP is acting as lead bankruptcy counsel to Dune Energy, Inc. in the bankruptcy case.


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