Halcón Resources (HK) Says Bankruptcy Court Confirmed Reorganization Plan
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Halcon Resources (NYSE: HK) disclosed the following in a U.S. SEC filing on Thursday:
Item 8.01 Other Events.
As previously disclosed, on July 27, 2016, Halcón Resources Corporation (“Halcón”) and certain of its subsidiaries (collectively, the “Debtors”) filed voluntary petitions for relief (the cases commenced thereby, the “Bankruptcy Cases”) under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). The Bankruptcy Cases were filed in order to effect the Debtors’ previously disclosed pre-packaged plan of reorganization (the “Plan”). A copy of the Plan and related Disclosure Statement were furnished as part of the Current Report on Form 8-K filed with the SEC on June 20, 2016. On September 8, 2016, the Bankruptcy Court entered an order confirming the Plan. Halcón expects to complete its emergence from bankruptcy immediately after all remaining conditions to effectiveness of the Plan have been satisfied.
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