Elk Petroleum Reaches Ch. 11 Deal With Equityholders

Published: 20/09/2019
Elk Petroleum Reaches Ch. 11 Deal With Equityholders
Source: WWW.LAW360.COM

Elk Petroleum Inc. told the Delaware bankruptcy court Friday it has hashed out a deal as to how assets will be divvied up among its affiliated entities to resolve a challenge to its Chapter 11 waged by preferred equity holders during a long hearing that got off to a tense start.

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