Creditors Say EdgeMarc Ch. 11 Sale Timeline Is Too Short
By Vince Sullivan ( June 10, 2019, 8:19 PM EDT) -- Unsecured creditors of bankrupt oil and gas producer EdgeMarc Energy Holdings LLC told a Delaware judge Monday that the proposed sale deadline included in post-petition financing and bidding procedure motions won't allow the debtor to realize maximum value for its assets in a Chapter 11 transaction....
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