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In re Energy & Exploration Partners, Inc.

Bankruptcy Litigation

Overview
  • Date:
  • 10/15/18
  • Case Caption:
  • Kravitz v. Apollo Investment Corporation, et al.
  • Status:
  • Settled
  • Bankruptcy Filing Date:
  • 12/7/15
  • Court:
  • U.S. Bankruptcy Court: Northern District of Texas

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We were retained by the Creditor Trustee of Energy & Exploration Partners, Inc. ("ENXP"), a bankrput oil and gas exploration outfit to brings claims against its former lender, Apollo Investment Corporation.  We prosecuted claims against Apollo arising out of ENXP's payment of a $50 million prepayment penalty, along with other fees and penalties, in connection with the prerepayment of $225 million in debt.  The matter settled favorably for the Creditor Trust.
For more information, please contact David J. Stone.