On November 26, 2018, Fairway Energy, LP and 2 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 Debtors' cases are pending before the Honorable Laurie Selber Silverstein and the cases are jointly administered under Case No. 18-12684.
Important Information & Dates
Deadline to File Claims
The Bankruptcy Court has set the following deadlines for filing proofs of claim against the Debtors:
The General Bar Date: March 7, 2019 at 4:00 p.m. (prevailing Eastern Time)
The Government Bar Date: May 28, 2019 at 4:00 p.m. (prevailing Eastern Time)
The Administrative Expense Bar Date: June 7, 2019 at 4:00 p.m. (prevailing Eastern Time)
Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors.
Plan & Disclosure Statement
The Debtors filed their Joint Plan of Liquidation and the Disclosure Statement on May 9, 2019 and their First Amended Joint Plan of Liquidation and the Disclosure Statement related thereto on May 29, 2019. On May 29, 2019, the Bankruptcy Court entered an order conditionally approving the Disclosure Statement and establishing procedures for solicitation and tabulation of votes on the Plan. The Bankruptcy Court will hold a combined hearing on approval of the Disclosure Statement and confirmation of the Plan on July 17, 2019 at 11:00 a.m. (ET).
Please click below to view and download the Plan & Disclosure Statement Documents:
Asset Sale Process
The Debtors solicited offers for the purchase of substantially all of their Assets and assumption of substantially all of the liabilities of the Debtors with respect thereto consistent with the bidding procedures approved by the Court by entry of an order dated January 9, 2019.
On March 25, 2019, the Debtors conducted an auction to request additional competitive bids from Qualified Bidders with respect to the Sale of the Assets. The Bankruptcy Court held a hearing to consider approval of the Sale of the Assets to Riverstone Credit Partners-Direct, L.P. on Wednesday, April 10, 2019. An Order approving the sale of substantially all of the Debtors’ assets and authorizing the Debtors’ assumption and assignment of certain executory contracts and unexpired leases was entered on April 11, 2019.
Please click below to view and download documents relating to the sale of assets:
First Day Motions and Orders
A hearing on the Debtors' First Day Pleadings was held on November 28, 2018, at 11:00 a.m. (ET) before the Honorable Laurie Selber Silverstein, United States Judge, at the United Bankruptcy Court for the District of Delaware, 824 North Market Street, 6th Floor, Courtroom No. 2, Wilmington, Delaware 19801.
Please click below to view and download the First Day Motions and First Day Orders:
Administrative Expense B...
First Day Hearing
Meeting of Creditors
Bid Procedures Hearing and Final Hearing on Certain First Day Motions
General Bar Date
Cancelled: Hearing re DIP Motion
Government Bar Date
Administrative Expense Bar Date
Haynes and Boone, LLP
1221 McKinney Street, Suite 2100
Houston, TX 77010
Patrick L. Hughes
Young Conaway Stargatt & Taylor
1000 North King Street
Wilmington, DE 19801
Edmon L. Morton
Kenneth J. Enos
Elizabeth S. Justison
Debtors' Restructuring Advisors
Alvarez & Marsal North America, LLC
700 Louisiana Street
Houston, TX 77002
Kevin L. Larin
United States Trustee and Court Information
Office of the United States Trustee
844 King Street
Suite 2207, Lockbox #35
Wilminton, DE 19801
Brya Michele Keilson
United States Bankruptcy Court
District of Delaware
824 Market Street North
Wilmington, DE 19801
Laurie Selber Silverstein
|18-12684||Fairway Energy, LP||November 26, 2018|
|18-12685||Fairway Energy Partners, LLC||November 26, 2018|
|18-12686||Fairway Energy GP, LLC||November 26, 2018|