Bankrupt Green Field Aims For $50M Equipment Sale

Law360, Wilmington (February 7, 2014, 8:59 PM EST) -- Bankrupt oil services company Green Field Energy Services Inc. asked the Delaware bankruptcy court Friday to approve the sale of some of its equipment, with a unit of Gordon Brothers Group acting as sales agent and guaranteeing a $50 million price.

In a motion before the U.S. Bankruptcy Court for the District of Delaware, Green Field sought to have bid procedures approved that would name Boston-based Gordon Brothers Commercial & Industrial LLC as the sales agent with options for the debtor to take a better agent...
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