October 29, 2015
Oil and gas firm Samson Resources Corp. told a Delaware bankruptcy judge Thursday that its restructuring deal with lenders is in danger of collapsing and that its CEO would be resigning in December, sending a case that was believed to be a quick prearranged Chapter 11 into uncertainty.
October 22, 2015
The unsecured creditors committee in the Samson Resources Corp. bankruptcy began mounting some opposition Thursday to the oil and gas producer's prearranged reorganization strategy, arguing that several planned moves could "eventually eviscerate" general unsecured creditors' already-small potential recoveries.