Enduro Resource Partners filed with the U.S. Bankruptcy Court a Modified Joint Plan of Liquidation and related Disclosure Statement. According to the Disclosure Statement, “Class 2 First Lien Claims are deemed Allowed in the aggregate principal amount of $208,707,926, plus any interest, fees, and expenses due and owing pursuant to the terms of the Loan Documents (as defined in the First Lien Credit Agreement) as of the Effective Date. Second Lien Claims are deemed Allowed in the aggregate principal amount of $141,176,036, plus any interest, fees, and expenses due and owing pursuant to the terms of the Loan Documents (as defined in the Second Lien Credit Agreement) as of the Effective Date.” The Court subsequently approved the Disclosure Statement and scheduled a July 30, 2018 hearing to consider the Plan.
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