Case Background

On June 7, 2016, Seventy Seven Finance Inc. and ten affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.  The cases are pending before the Honorable Laurie Selber Silverstein, and the Debtors have requested that their cases be jointly administered under Case No. 16-11409.

Important Information & Dates

Useful Links and Information

Debtors' Restructuring Website

June 7, 2016 Press Release

 

Hearing on First Day Motions

A hearing on the Debtors' First Day Motions was held on June 8, 2016 at 4:00 p.m. (ET) before the Honorable Laurie Selber Silverstein, United States Bankruptcy Judge, at the United States Bankruptcy Court for the District of Delaware located at 824 North Market Street, 6th Floor, Courtroom No. 2.

A hearing on the Debtors' Motion Authorization to Obtain Postpetition Financing, the Debtors' Motion to Assume the Restrusturing Support Agreement and the Debtors' Motion Authorizing Assumption of the Exit Financing Commitment Letter was held on June 28, 2016 at 2:00 p.m. (ET).  A final hearing on certain other of the First Day Motions was held on July 13, 2016.

Please click below to view and download the Debtors' First Day Motions and Orders:

First Day Motions

First Day Orders 

 

Hearing on Adequacy of the Disclosure Statement and Confirmation of the Plan

The Combined Hearing to consider, among other things, the adequacy of the Disclosure Statement and confirmation of the Plan, was held on July 13, 2016.

Please click below to view and download the Debtors' proposed Plan and proposed Disclosure Statement for the Plan: 

Plan and Disclosure Statement 

The Plan was confirmed on July 14, 2016, and became effective on August 1, 2016.

Dates

July
14

Plan Confirmation

_____
August
1

Plan Effective Date

_____
June
7
_____

Parties

Debtors' Counsel

Baker Botts LLP

30 Rockefeller Plaza
New York, NY   10112
http://www.bakerbotts.com
Phone: 212.408.2500
Fax: 212.408.2501
Emanuel C. Grillo
Christopher Newcomb

Morris, Nichols, Arsht & Tunnell LLP

1201 N. Market St., 16th Flr.
PO Box 1347
Wilmington, DE   19899-1347
http://www.mnat.com
Phone: 302.658.9200
Fax: 302.658.3989
Robert J. Dehney

United States Trustee and Court Information

Office of the United States Trustee

844 King St
Suite 2207
Wilmington, DE   19801
http://www.justice.gov/ust/r03/wilmington/index.htm
Phone: 302.573.6491
Fax: 302.573.6497
Jane Leamy

United States Bankruptcy Court

District of Delaware
824 Market Street North, 3rd Floor
Wilmington, DE   19801
http://www.deb.uscourts.gov
Phone: 302.252.2900

Debtors

Case Number
Debtor Name
Petition Date
16-11409 Seventy Seven Finance Inc. June 07, 2016
16-11410 Seventy Seven Energy Inc. June 07, 2016
16-11411 Seventy Seven Operating LLC June 07, 2016
16-11412 Great Plains Oilfield Rental, L.L.C. June 07, 2016
16-11413 Seventy Seven Land Company LLC June 07, 2016
16-11414 Nomac Drilling, L.L.C. June 07, 2016
16-11415 Performance Technologies, L.L.C. June 07, 2016
16-11416 PTL Prop Solutions, L.L.C. June 07, 2016
16-11417 SSE Leasing LLC June 07, 2016
16-11418 Keystone Rock & Excavation, L.L.C. June 07, 2016
16-11419 Western Wisconsin Sand Company, LLC June 07, 2016