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Case Background. On May 11, 2016, Linn Energy, LLC and 14 affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas.
11 Μαΐ 2016 · (Reuters) - Oil-and-gas producer Linn Energy LLC filed for Chapter 11 bankruptcy on Wednesday, becoming one of the biggest victims of global commodity rout, and said it had an agreement...
11 Μαΐ 2016 · Oil and gas producer Linn Energy LLC filed for chapter 11 bankruptcy Wednesday after reaching a deal with lenders to restructure its $8.3 billion debt load and obtain $2.2 billion in fresh...
11 Μαΐ 2016 · Linn said it had already forged an agreement with creditors to restructure its debt, and that it planned to continue normal operations during the restructuring process.
On May 11, 2016, the company filed for bankruptcy under Chapter 11. [12] In February 2017, the company completed a financial restructuring, which included the corporate spin-off of Berry Petroleum Company and the sale of assets to Hogshead Spouter Company. [13]
24 Ιαν 2017 · A U.S. judge overseeing the bankruptcy of Linn Energy LLC said on Tuesday he is prepared to confirm its restructuring plan with slight tweaks, backing the oil-and-gas producer's goal of...
11 Μαΐ 2016 · Oil and gas producer Linn Energy LLC and its units, Berry Petroleum Co LLC and Linn Co, have filed for restructuring under Chapter 11 of the U.S. Bankruptcy Code.