Samson Resources Corporation

Track this case

Case overview

Case Number:

1:15-bk-11934

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

June 15, 2023
Del. Judge Tosses $7.2B Deal Clawback Suit In Samson Ch. 11

A Delaware judge dismissed on Wednesday a more than 5-year-old Delaware bankruptcy court adversary suit alleging $7.2 billion in fraudulent transfers prior to the start of oil company Samson Resources Corp.'s Chapter 11 in 2015.
February 13, 2017
Samson Resources Ch. 11 Plan, $4B Debt Rework Confirmed

Shored up by a comprehensive dispute settlement, oil and gas driller Samson Resources Corp. had its $4.2 billion Chapter 11 plan confirmed in Delaware bankruptcy court Monday, 17 months after seeking protection from creditors and saying it planned to shed three-quarters of its debt.
February 09, 2017
IRS Objects To Releases In Samson Resources Ch. 11 Plan

The Internal Revenue Service objected Thursday to provisions of Samson Resources Corp.'s Chapter 11 plan that it said could block the agency from charging interest on debts to the government and prevent it from holding back payments to offset company-related tax debts.
February 07, 2017
Exxon Calls Samson Resources Ch. 11 Plan Unclear

Exxon Mobil Corp. and related companies objected Friday to Samson Resources Corp.'s Chapter 11 reorganization plan, citing unanswered questions about the company's Delaware bankruptcy court provisions for the handoff of hundreds of jointly operated mineral leases.
January 17, 2017
Samson Resources Cleared For $60M Ch. 11 Rights Offering

A $60 million backstop plan for a stock offering described as key to oil and gas producer Samson Resources Corp.'s compromise Chapter 11 reorganization cleared a Delaware bankruptcy court Tuesday, paving the way to creditor voting and a plan confirmation hearing next month.
January 12, 2017
'Nightmare' $4B Samson Ch. 11 Finds Route To Peace, Exit

An energy sector bankruptcy that one attorney termed "a complete nightmare" at times landed on a path to peaceful plan confirmation Thursday, with a Delaware bankruptcy judge approving Samson Resources Corp.'s heavily negotiated public disclosures for a $4 billion debt restructuring.
January 11, 2017
Samson Files Amended Ch. 11 Plan After Deal With Creditors

Samson Resources Corp. and its creditors aired full details Wednesday of a proposed global settlement in the oil and gas producer's long-running, $4 billion Chapter 11 restructuring battle, setting the stage for a Delaware court hearing Thursday.
January 06, 2017
Samson Settles With Creditors To End Ch. 11 Plan War

The major players in the Samson Resources Corp. bankruptcy said Friday they'd come to a deal that aims to end the fierce squabbling in the oil and gas company's Chapter 11 case to restructure some $4 billion in debt, and sets out to pay unsecured creditors at least $168.5 million.
December 13, 2016
Samson Set For Showdown On 2 Competing Ch. 11 Plans

A Delaware bankruptcy judge on Tuesday gave the go-ahead to begin the Chapter 11 confirmation battle for Samson Resources Corp. in March after approving its disclosure statement and a competing one proposed by unsecured creditors, setting up a head-to-head fight over how to reorganize the company's $4 billion in debt.
November 28, 2016
CORRECTED: Big Banks Fight Samson Creditors' Ch. 11 Disclosure

JPMorgan Chase & Co. and Deutsche Bank on Monday offered a Delaware bankruptcy court a laundry list of reasons why it should reject bankrupt oil and gas driller Samson Resources Corp.’s unsecured creditors’ newest Chapter 11 disclosure statement, arguing it contains “one-sided disclosures” while lacking financial specifics. An earlier version of this story misstated the party whose disclosure statement the banks objected to. The error has been corrected.

← Previous
1
2
3
4
5
Next →