New Delaware Chapter 11 Filing – Halcón Resources Corp. et al
Halcón Resources Corp. et al (NYSE: HK) and 21 affiliates have filed chapter 11 petitions before the United States Bankruptcy Court for the District of Delaware (Lead Case No. 16-11724). The debtors are an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich assets in the United States, based in Houston, Texas. The debtors previously announced their intention to pursue an expedited pre-packaged chapter 11 plan and that they have entered into a Restructuring Support Agreement with their third-lien noteholders. The petition for Halcón Resources Corporation, including the consolidated list of top 30 creditors, is provided here. The dockets will be available through Epiq.
Contact Norman L. Pernick or Nicholas J. Brannick for more information.
As the law continues to evolve on these matters, please note that this article is current as of date and time of publication and may not reflect subsequent developments. The content and interpretation of the issues addressed herein is subject to change. Cole Schotz P.C. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this publication to the fullest extent permitted by law. This is for general informational purposes and does not constitute legal advice or create an attorney-client relationship. Do not act or refrain from acting upon the information contained in this publication without obtaining legal, financial and tax advice. For further information, please do not hesitate to reach out to your firm contact or to any of the attorneys listed in this publication.