The Newswire for Business Lawyers

Creditor Objects To Edge Sale Over Lease Interests

Law360, New York (November 19, 2009) -- New Mexico-based creditor Chisos Ltd. is objecting to Edge Petroleum Corp.’s prepackaged Chapter 11 plan and asset sale because it claims it would potentially subvert its preferential rights to oil and gas leases in New Mexico.

Chisos filed an objection to Edge’s proposed property sale Wednesday in the U.S. Bankruptcy Court for the Southern District of Texas....

Login

E-mail
Password
 
  I forgot my login details.

For the whole story, take a 7-day free trial.

Submit your request to try Law360 for free for seven days:

*
*
*
*
*
*
*
*

*Required

Select at least one interest area:*
You will receive Law360's free daily newsletter for the interest area(s) selected..

Appellate
Bankruptcy
Competition
Contract
Corporate Finance
Employment
Energy
Environmental
Financial Services
Health
Insurance
Intellectual Property
International Trade
Product Liability
Securities
Technology
Top News (General Interest)
The only daily news service covering every major practice area of the law.
  • Breaking news available nowhere else
  • More than 66% of articles published before or simultaneously with any other source
  • 63% of articles have critical legal documents attached
  • More than 1,000 columns by leading practitioners published per year
  • More than 20,000 exclusive articles published per year
  • Detailed coverage of 16 major practice areas