A court has authorized Chesapeake Energy Corp. to sell its Midcontinent assets and approved procedures to get the process started. Under an order issued by the U.S. Bankruptcy Court for the Southern District of Texas, Chesapeake has until Oct. 22 to designate a stalking horse bidder that would set the bar for the value and…
Banruptcy
Articles from Banruptcy
Ascent Resources Marcellus Affiliates File for Bankruptcy
Ascent Resources Marcellus Holdings LLC and its subsidiaries (ARM), successor companies that had their beginnings with the late Aubrey McClendon, have filed for Chapter 11 bankruptcy protection.
February 8, 2018