Credit Bubble Stocks

On December 13, 2016, the United States Bankruptcy Court for the Southern District of Texas Houston Division confirmed the Second Amended J...

HOUSTON, Dec. 30, 2016 -- Energy XXI Ltd (“Energy XXI” or the “Company”) today announced that it has successfully completed its financial r...

HOUSTON, Dec. 13, 2016 - Energy XXI Ltd today announced that the United States Bankruptcy Court for the Southern District of Texas, Houston...

It is an unfortunate reality that the legacy shareholders of Energy XXI Ltd are billions of dollars out of the money. Faced with this realit...

"The Confirmation Hearing will commence before the Honorable David R. Jones, Chief Bankruptcy Judge for the Southern District of Texas...

From the Plan Support Agreement filed November 14, 2016: 4. Milestones. Subject to Section 7, the Debtors shall implement the Restructuri...

The Confirmation Hearing will commence before the Honorable David R. Jones, Chief Bankruptcy Judge for the Southern District of Texas, Hous...

Some interesting provisions: WHEREAS, on September 8, 2016, the Debtors, the first lien agent, the ad hoc committee of Second Lien Noteho...

Good article : As one of the most indebted operators in the Gulf, Energy XXI (EXXI) poses a major risk to taxpayers given its potential US...

[T]he“Confirmation Hearing” with respect to the Debtors’ Proposed Joint Chapter 11 Plan of Reorganization [Docket No. 810] (as may be modif...

Looks like both cases have Confirmation Hearings scheduled for September 13, 2016.

Energy XXI Arch Coal Peabody Energy Goodrich Petroleum Linn Energy

[T]he Committee requests that, pursuant to section 105 of the Bankruptcy Code, the Court (a) adjourn the Hearing with respect to the Disclo...

"The Debtors expect the Chapter 11 Cases to proceed quickly. Should the Debtors’ projected timelines prove accurate, the Debtors could...

The Plan Supplement shall include a long-term management incentive plan (the “ Management Incentive Plan ”) for the Reorganized Debtors. Su...

As provided in and subject to Section 6, the Debtors shall implement the Restructuring Transactions on the following timeline (each deadline...

From the 8-K filing : On April 14, 2016, Energy XXI Ltd, a Bermuda exempted company (the “Company”), Energy XXI Gulf Coast, Inc., an indir...

ENERGY XXI SAID TO PLAN BANKRUPTCY FILING AS SOON AS THURSDAY Wasn't long ago that they made their big acquisition: March 12, 2014 6:1...

Energy XXI today announced that it has made the interest payment due on its EPL Oil and Gas, Inc. 8.25% Senior Notes. This follows the Compa...

EXXI the 3% holdco note traded FLAT at 0.60 today. The other unsecured debt trading around 3 cents. Market does not seem to be expecting th...