SM Energy Seeks Reopening Of Boomerang Tube Ch.11 Case

Law360, New York (December 7, 2017, 2:21 PM EST) -- Oil and gas company SM Energy Co. on Wednesday asked a Delaware bankruptcy court to reopen the Chapter 11 case of pipeline manufacturer Boomerang Tube LLC, in order to modify the plan’s discharge injunction so SM Energy can sue Boomerang over busted piping that cost it $9 million.

SM Energy says that if the injunction is modified and it prevails in its civil suit over the faulty piping, it will only seek to recover the damages from the reorganized debtor’s insurers.

“Other courts have determined that...
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