ATP Deepwater Asset Sale Gets Final Nod From Judge

Law360, Houston (October 17, 2013, 8:01 PM ET) -- A Texas bankruptcy judge on Thursday gave final approval to a revised plan by ATP Oil & Gas Corp. to sell off a chunk of its oil and gas operations to a group of lenders led by Credit Suisse AG for $635 million.

U.S. Bankruptcy Judge Marvin Isgur entered a final order of sale authorizing the sale of the majority of ATP's leases and other interests in the Gulf of Mexico for $580 million in debt cancelation from Credit Suisse and other lenders and another $55...
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