Bankruptcy Judge Signs Off On CDX Deal With Holdout

Law360, New York (September 3, 2009, 2:09 PM EDT) -- Bankrupt natural gas exploration company CDX Gas LLC has reached a settlement with International Coal Group Inc. and its subsidiaries, which earlier had objected to the debtor's disclosure statement on the grounds that it was not specific enough regarding its plan for certain contracts.

U.S. Bankruptcy Judge Letitia Paul of the Southern District of Texas signed off Sept. 1 on a deal that CDX struck with International Coal Group, subsidiary CoalQuest Development LLC and a handful of other affiliated entities in which it laid out which...
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