Delta Petroleum Corporation

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Case Number:

1:11-bk-14006

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. September 21, 2015

    Ex-Delta Petroleum Exec Settles Fraud Action Over Oil Deal

    Lead plaintiff Patipan Nakkhumpun took to Colorado federal court Friday to pitch a $3.2 million deal that would end securities fraud class action claims against former Delta Petroleum Corp. executive Daniel J. Taylor, who is accused of misleading investors about a proposed $400 million oil and gas-sector transaction.

  2. November 13, 2012

    Delta Petroleum Trustee Slams Akin Gump's $1M Fee Request

    The recovery trustee of the bankrupt Delta Petroleum Corp. on Tuesday asked a Delaware bankruptcy judge to reduce the compensation for the official committee of unsecured creditors' co-counsel Akin Gump Strauss Hauer & Feld LLP, saying the firm's $1 million fees request was excessive and unreasonable.

  3. August 15, 2012

    Delta Petroleum Gets Ch. 11 Plan OK'd, New Suitors

    A Delaware bankruptcy judge approved Delta Petroleum Corp.'s Chapter 11 plan Wednesday following a confirmation hearing that began with the company announcing that a pair of suitors had made last-minute overtures it felt bound to entertain.

  4. August 13, 2012

    Delta Petroleum Lobbies For Ch. 11 Plan Despite Opposition

    Delta Petroleum Corp. filed a third amended version of its Chapter 11 reorganization Monday and renewed its support for the plan ahead of a Wednesday confirmation hearing in Delaware bankruptcy court, saying it deserves approval despite any objections or rejection by a few voting classes.

  5. July 05, 2012

    Delta Petroleum Earns Nod On Disclosure Statement

    Bankrupt Delta Petroleum Corp. won approval Thursday for its disclosure statement, clearing the way for creditors to vote on a Chapter 11 reorganization plan that entails a joint venture with Laramie Energy II LLC, a fellow Denver-based natural gas exploration and development company.

  6. June 04, 2012

    Delta Petroleum Trustee Objects To $1.5M Breakup Fee

    The U.S. trustee for bankrupt energy company Delta Petroleum Corp. on Friday objected to a $1.5 million breakup fee for Laramie Energy II LLC in the event that Delta pulls out of a reorganization plan premised on a joint venture between the two companies.

  7. May 08, 2012

    Laramie Cleared To Sponsor Delta Petroleum's Ch. 11 Plan

    Delta Petroleum Corp. won bankruptcy court approval Tuesday to partner with Laramie II LLC on a reorganization plan premised on a joint venture between the two natural gas exploration and development companies.

  8. May 07, 2012

    Delta Petroleum Securities Fraud Plaintiff Blasts Stay Bid

    The lead plaintiff in a putative securities fraud class action against three Delta Petroleum Corp. executives on Monday blasted the bankrupt oil and gas exploration company's claim that the suit seeks to confiscate debtor property by pursuing the nondebtor executives.

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