Chief Restructuring Officer, appointed at request of the senior lender, Apollo Energy Group (NYC), in charge of strategy to preserve cash, obtain DIP financing and market Nemaha, Mississippi properties through a compressed sale procedure process; effectuated § 363 sales process that closed within 71 days of filing that involved 8 qualified bidders and a 70% overbid premium in excess of the stalking horse bid; provided claim and corporate wind-down services subsequent to the sale and subsequent to the debtor’s case being dismissed.
Osage Exploration and Development- Nemaha Ridge E&P Company
by ldc55 | Aug 23, 2024 | CRO, Receiver & Fiduciary Person Services, RESTRUCTURING & FIDUCIARY PRACTICE