Sanchez Energy Corp. and Mesquite Energy logos. Quinn Emanuel Helps Get 70% for Unsecured Creditors in Bankruptcy Fight
The secured creditors' arguments would render the main point of the plan, and the last three years of litigation, meaningless, U.S. Bankruptcy Judge Marvin Isgur said.
August 08, 2023 at 02:54 PM
5 minute read
Bankruptcy
The pandemic-related collapse of Sanchez Energy Corp. and the four-year battle over who ends up with its cash value has resulted in a distribution that heavily favors the unsecured creditors.
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