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EV Energy Gets Ch. 11 Confirmation Over Equity Opposition

Law360, Wilmington (May 16, 2018, 8:58 PM EDT) -- The Chapter 11 plan of bankrupt oil and gas exploration firm EV Energy Partners LP received court approval Wednesday in Delaware when a bankruptcy judge overruled the opposition of some equity holders that alleged they were entitled to better recoveries.

At the culmination of a two-day confirmation trial, U.S. Bankruptcy Judge Christopher S. Sontchi said the allegations put forth by the equity holders in their objections to the proposed plan and in a motion seeking appointment of an examiner were not supported by the facts of...
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