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

Voting Pushed Back As Breitburn Energy Ch. 11 Heats Up

Law360, New York (November 14, 2017, 7:10 PM EST) -- The restructuring of Breitburn Energy Partners LP is headed for a showdown between the debtor and its fed-up shareholders and unsecured creditors, after those groups promised to fight the proposed Chapter 11 plan to the bitter end in a New York bankruptcy court hearing on Tuesday.

U.S. Bankruptcy Judge Stuart M. Bernstein listened calmly and cracked jokes as attorneys for the debtor and the committees of equity security holders and unsecured creditors raised their voices and even lobbed personal attacks against one another, as he weighed whether to...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.