Yet another company in the energy sector has filed for bankruptcy protection. On June 17, 2016, Maxus Energy Corporation, and its affiliates (“Debtors”) filed for chapter 11 protection in the United States Bankruptcy Court for the District of Delaware. ... Read full article
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SandRidge Energy filed for bankruptcy protection on Monday, joining a growing list of companies that weren’t able to hang on long enough to enjoy the rebound in oil. Crude oil prices have climbed 76% since dropping to a 13-year low in mid-February. But ... Read full article
Six years ago, in an otherwise unremarkable opinion, a court in Texas undermined one of the fundamental concepts embedded in the statute of frauds and deprived unsecured creditors of millions of dollars in value that would otherwise have been available to ... Read full article
A Manhattan bankruptcy judge on Tuesday is expected to announce her decision on whether to free Sabine Oil & Gas Corp. from pipeline agreements it negotiated before the oil glut. The agreements require Sabine to deliver minimum amounts of oil and ... Read full article
Tulsa, Okla., energy company New Gulf Resources LLC filed for chapter 11 protection Thursday, the latest in a slew of energy companies to enter bankruptcy. Read the Daily Bankruptcy Review article here . ... Read full article
