Daily Archives: July 28, 2016

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Atlas Resource Partners Files Chapter 11

Atlas Resource Partners, L.P.  has entered into a Restructuring Support Agreement (“RSA”) with 100% of its Revolving Credit Facility lenders, 100% of its Second Lien lenders and approximately 80% of its Senior Noteholders. The agreement (the “Restructuring Plan”), if completed, will immediately reduce the Partnership’s debt by approximately $900 million and interest expense by $80 million…

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Halcón Resources Files Chapter 11

Link to Docket: http://dm.epiq11.com/Halcon Halcón Resources Corporation, and certain of its subsidiaries, today announced that they had filed voluntary petitions under chapter 11 of the Bankruptcy Code to pursue a pre‐packaged plan of reorganization in accordance with its previously announced comprehensive balance sheet restructuring efforts (the “Restructuring Plan”). Under the Restructuring Plan, the Company will eliminate…