On June 2, 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 Black Elk Energy Offshore Operations, LLC and its affiliates.
The filing was assigned docket number 961 and is described on the court’s official docket as follows:
Emergency Motion for Order (A) Approving Sale of Untransferred Assets Free and Clear of Liens, Claims, Encumbrances and Other Interests, Subject to Higher and Better Offers, (B) Approving Purchase Agreement for Sale of Untransferred Assets, (C) Approving Assumption of Northstar Sale Agreements and Setting Cure Costs and (D) Granting Related Relief Filed by Debtor Black Elk Energy Offshore Operations, LLC Hearing scheduled for 6/14/2016 at 01:30 PM at Houston, Courtroom 404 (MI). (Attachments: # (1) Exhibit A – Proposed 363 Order # (2) Exhibit B – Third Amendment to PSA # (3) Exhibit C (part 1) # (4) Exhibit C (part 2) # (5) Exhibit C (part 3) # (6) Exhibit D – Lien Exhibit # (7) Exhibit E – DIP Credit Agreement) (Green, Elizabeth)
Black Elk Energy Offshore Operations, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 11, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Texas . The case number for the lead bankruptcy case is 15-34287. The bankruptcy case is currently assigned to United States Bankruptcy Judge Martin Isgur . The law firm of Baker & Hostetler LLP is acting as lead bankruptcy counsel to Black Elk Energy Offshore Operations, LLC in the bankruptcy case.