LEGACY RESERVES INC. Bankruptcy Filing
Case Number: 19-33395
LEGACY RESERVES INC. filed a 11 chapter bankruptcy in the Southern District of Texas bankruptcy court on June 18, 2019. This is a voluntary filing; it was assigned the bankruptcy case number #19-33395.
LEGACY RESERVES INC. Filing Information
The bankruptcy petition for LEGACY RESERVES INC. showed assets in the range of $500MM - $1B with liabilities in the range of more than $1B. LEGACY RESERVES INC. reports that the number of creditors is in the range of 25,001- 50,000.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
LEGACY RESERVES INC. indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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LEGACY RESERVES INC. Docket Header
PlnDue, DsclsDue, COMPLX |
Southern District of Texas (Houston)
Bankruptcy Petition #: 19-33395
Assigned to: David R Jones Chapter 11 Voluntary Asset |
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| Debtor Legacy Reserves Inc. 303 W. Wall St., Suite 1800 Midland, TX 79701 MIDLAND-TX Tax ID / EIN: 82-4919553 |
rep. by |
Michael Fishel
Sidley Austin LLP 1000 Louisiana St Ste 6000 Houston, TX 77002 713-495-4645 Email: mfishel @ sidley.com Duston K McFaul SIdley Austin LLP 1000 Louisiana St. Suite 6000 Houston, TX 77002 713-495-4500 Fax : 713-495-7799 Email: dmcfaul @ sidley.com Charles Martin Persons Sidley Austin LLP 2021 McKinney Avenue Ste 2000 Dallas, TX 75201 214-981-3429 Email: cpersons @ sidley.com Maegan Quejada Sidley Austin LLP 1000 Louisiana St Ste 5900 Houston, TX 77002 713-495-4618 Email: mquejada @ sidley.com |
| U.S. Trustee US Trustee Office of the US Trustee 515 Rusk Ave Ste 3516 Houston, TX 77002 (713) 718-4650 |