Chieftain Sand Ch. 11 Asset Sale Price Balloons To $35M

By Vince Sullivan ( March 27, 2017, 6:50 PM EDT) -- Bankrupt fracking supply firm Chieftain Sand and Proppant LLC received court approval Monday in Delaware for a $35.25 million sale of its assets, a massive increase over the $5 million credit bid offered by its prepetition secured lender as a stalking horse offer....

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