Bankrupt Midstates, unsecured creditors in Chapter 11 plan deal - Re...

09/27/16


Bankrupt Midstates, unsecured creditors in Chapter 11 plan deal
Reuters
The two sides squared off in court on Monday over the value of Midstates' unencumbered assets, or assets not secured with liens. Judge David Jones of the Bankruptcy Court in Houston prodded them to negotiate, which they did through Tuesday afternoon.

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