Magnum Hunter Resources Corporation (a/k/a Petro Resources Corporation) Bankruptcy New Filing Alert: Plan Of Reorganization





On February 19, 2016, a plan of reorganization 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 572 and is described on the court’s official docket as follows:

Amended Chapter 11 Plan /Notice of Filing of Clean and Blackline Versions of the First Amended Joint Chapter 11 Plan of Reorganization of Magnum Hunter Resources Corporation and Its Debtor Affiliates (related document(s)[212]) Filed by Magnum Hunter Resources Corporation (Attachments: # (1) Exhibit A – Amended Plan – Clean # (2) Exhibit B – Amended Plan – Blackline) (Jones, Laura Davis)

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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