By Jim Christie Oil and natural gas producer EP Energy Corp said in court papers on Tuesday it aims put its plan to slash $3.3 billion in debt to a vote of stakeholders in January and have the proposal approved by the judge overseeing its bankruptcy in February.
EP in the papers filed by its lawyers at Weil Gotshal & Manges in U.S. Bankruptcy Court in Houston said the plan also provides for a “significant” investment to help with emerging from bankruptcy.
To read the full story on WestlawNext Practitioner Insights, click here: bit.ly/2KBkSvG
