Order Entered Approving Sale to Halcon Energy

Updating a previous post, a hearing on the sale of substantially all of the Debtor's assets was held before the Court on August 16, 2012.  After the hearing, the Court entered an Order approving the sale of the Debtor's assets to Halcon Energy.  The parties are attempting to work together to resolve any issues that remain so that the closing of the transaction may occur in a timely manner.  

Please feel free to contact us at ozgascommittee@quinnfirm.com to obtain a copy of the Sale Order, and/or any other pleadings as filed.

Bar Date to File Proof of Claim About to Expire

Updating an earlier post, the Bankruptcy Court on March 30, 2012, entered a Notice setting the deadline for all creditors to file a proof of claim in the Bankruptcy Case for August 9, 2012.  All claims must be filed by that date in order to receive potential distributions thereon.