Latest SemGroup LP Stories
- Plan Calls for Distribution of Approximately $2.27 Bln in Value to Creditors - Creditors to Become the Owners of the Reorganized Company - Contemplates $500 Million Exit Financing Facility - Company Remains on Schedule to Exit Bankruptcy in Third Quarter of 2009 TULSA, Okla., May 15 /PRNewswire/ -- SemGroup, LP and certain of its subsidiaries today announced the filing of their Plan of Reorganization (the "Plan") and related Disclosure Statement (the "Disclosure Statement") with the U.S.
By Marie Price A Delaware bankruptcy judge approved Friday appointment of a committee to represent oil and gas producers who have not been paid in the SemGroup LP case.
By ROD WALTON Read previous stories and court filings about SemGroup. tulsaworld.com/semgroup A bankruptcy judge approves the final $25 million of $175 million in emergency financing.
By STEVEN CHURCH Read previous stories and court filings about SemGroup. tulsaworld.com/semgroup SemGroup LP has won court approval for rules limiting how many lawsuits that small oil producers in and around Texas can file against the oil transporter to collect about $393 million they are owed.
By Marie Price A federal bankruptcy judge has outlined details of a settlement reached recently between bankrupt SemGroup LP and publicly traded SemGroup Energy Partners, known as SGLP.
By ROD WALTON Read previous stories and court filings about SemGroup. Publicly traded SemGroup Energy Partners had pressed its bankrupt parent for payments.
By Marie Price A Delaware bankruptcy judge has authorized SemGroup LP to use up to $4.8 million to pay construction contractors for pre-petition claims.
By Marie Price SemGroup Energy Partners LP (SGLP) has bolstered its motion before the Delaware bankruptcy court to provide the publicly traded firm with additional protection in the bankruptcy case of its parent company, SemGroup LP.
By ROD WALTON Read previous stories and court filings about SemGroup. Computer magnate Michael Dell's venture capital fund has increased its stake in troubled SemGroup Energy Partners LP, according to filings with securities regulators.
By Jerry Shottenkirk SemGroup LP laid off 110 workers Monday in Tulsa, 250 nationwide, the bankrupt company confirmed. Spokeswoman Brenda Adrian said the layoffs are effective immediately. "They were informed in individual meetings," Adrian said of how workers were told of the layoffs.