New Delaware Chapter 11 Filing – Samson Resources Company et al..
Samson Resources Company and eight affiliates, companies engaged in oil and gas drilling and exploration, have filed chapter 11 petitions and are seeking approval of a pre-packaged plan of reorganization before the United States Bankruptcy Court for the District of Delaware. The petition (including the consolidated list of largest 50 creditors) , first day declaration (with exhibits A, B and C) and the proposed disclosure statement (without exhibits) are attached. You can learn more about these filings here.
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.
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