Ultra Petroleum Bankruptcy Court Again Allows Make-Whole Premiums, Post-Petition Default Interest—At Least For Solvent Debtors

In a much-anticipated decision issued on October 26, the Bankruptcy Court for the Southern District of Texas awarded make-whole premiums[1] and post-petition interest (i.e., interest accruing after the bankruptcy filing) to certain noteholders in the Ultra Petroleum bankruptcy case.

Filed under:
USA, Insolvency & Restructuring, Litigation, King & Spalding LLP
Authors:
Sarah Borders , Jeffrey Dutson , Matthew Warren , Sarah Primrose , Miguel Cadavid
Location:
USA
Firm:
King & Spalding LLP
Fifth Circuit Vacates Bankruptcy Court’s Order Requiring Payment of Make-Whole Premium and Interest in Ultra Petroleum Bankruptcy

On January 17, 2019, the U.S.

Filed under:
USA, Insolvency & Restructuring, Litigation, King & Spalding LLP, Fifth Circuit
Authors:
Sarah Borders , Jeffrey Dutson , Miguel Cadavid
Location:
USA
Firm:
King & Spalding LLP
Fifth Circuit Vacates Bankruptcy Court’s Order Requiring Payment of Make-Whole Premium and Interest in Ultra Petroleum Bankruptcy

On January 17, 2019, the U.S.

Filed under:
USA, Insolvency & Restructuring, Litigation, King & Spalding LLP, United States bankruptcy court, Fifth Circuit, U.S. Court of Appeals
Authors:
Sarah Borders , Jeffrey Dutson , Miguel Cadavid
Location:
USA
Firm:
King & Spalding LLP