Samson Resources Corporation Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code





On April 11, 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 Samson Resources Corporation and its affiliates.

The filing was assigned docket number 856 and is described on the court’s official docket as follows:

Motion For Sale of Property Free and Clear of Liens under Section 363(f)(FEE) Debtors Motion to Approve Procedures for De Minimis Asset Transactions Fee Amount $176 Filed by Samson Resources Corporation. Hearing scheduled for 5/3/2016 at 10:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 4/26/2016. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B) (Yurkewicz, Michael)

Samson Resources Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 16, 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 15-11934. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Kirkland & Ellis LLP is acting as lead bankruptcy counsel to Samson Resources Corporation in the bankruptcy case.

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