Delta Petroleum Lobbies For Ch. 11 Plan Despite Opposition

Law360, Wilmington (August 13, 2012, 11:13 PM EDT) -- Delta Petroleum Corp. filed a third amended version of its Chapter 11 reorganization Monday and renewed its support for the plan ahead of a Wednesday confirmation hearing in Delaware bankruptcy court, saying it deserves approval despite any objections or rejection by a few voting classes.

While there are outstanding objections to the plan — which entails a joint venture with Laramie Energy II LLC, a fellow Denver-based natural gas exploration and development company — from the U.S. Bank National Association and the Office of the U.S....
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