We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Cubic Energy Successor Hits Ch. 11 With $53M Of Note Debt

Law360 (May 16, 2019, 7:27 PM EDT) -- The oil and gas exploration company that emerged from the Chapter 11 case of Cubic Energy Inc. in 2016 found itself in Delaware bankruptcy court with $53 million in debt Thursday after three years of declining well production.

Hilltop Energy LLC comes to court with $53 million in secured note debt and a prepackaged plan to swap that debt for equity, with manager Claude A. Pupkin citing the well-production difficulties for putting a strain on the company's future ability to meet existing debt obligations, according to his first-day declaration.

Hilltop owns oil and gas wells in Texas it acquired in the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents


Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.



Law Firms


Government Agencies