Pacific Energy bankruptcy

In late August, the Official Committee of Unsecured Creditors (the “Committee”) in the Pacific Energy Resources bankruptcy, began filing adversary actions against various creditors.  The complaints filed by the Committee…
Continue Reading Creditors’ Committee of Pacific Energy Resources Files Avoidance Actions

Introduction

Pacific Energy Resources Ltd (“Debtors”), a group of oil and gas producers that develop resources in the Western United States, filed chapter 11 petitions for bankruptcy on March 8,…
Continue Reading Oil and Gas Producer, Pacific Energy Resources, Files for Bankruptcy in Delaware and Immediately Seeks Postpetition Financing