Chaparral Energy, Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On May 10, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Chaparral Energy, Inc. and its affiliates.

The filing was assigned docket number 18 and is described on the court’s official docket as follows:

Motion to Approve Use of Cash Collateral // Debtors’ Motion for Entry of Orders (A) Authorizing the Use of Cash Collateral, (B) Granting Adequate Protection to Prepetition Secured Parties, (C) Scheduling a Final Hearing, and (D) Granting Related Relief Filed By Chaparral Energy, Inc. (Knight, John)

Chaparral Energy, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 9, 2016. 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 16-11144. The bankruptcy case is currently assigned to United States Bankruptcy Judge Judge Not Yet Assigned. The law firm of Latham & Watkins LLP is acting as lead bankruptcy counsel to Chaparral Energy, Inc. in the bankruptcy case.


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