Okla. Oil Driller Hits Ch. 11 After COVID-19 Stalls Reorg Plans
By Vince Sullivan ( June 18, 2020, 3:13 PM EDT) -- Chisholm Oil and Gas Operating LLC filed for Chapter 11 protection late Wednesday in Delaware with a plan to restructure more than $500 million of secured debt after its Oklahoma drilling operations proved less productive than anticipated and the COVID-19 outbreak doomed its reorganization efforts....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.