Legal Opinion
Lilis Energy, Inc. and Official Committee of Unsecured Creditors of Lilis
United States Bankruptcy Court, S.D. Texas
Decided April 7, 2022No. 20-33274Unknown
1Opinion
IN THE UNITED STATES BANKRUPTCY COURT April 07, 2022 FOR THE SOUTHERN DISTRICT OF TEXAS Nathan Ochsner, Clerk HOUSTON DIVISION IN RE: § § CASE NO: 20-33274 LILIS ENERGY, INC., et al., § Debtors. § Jointly Administered § CHAPTER 11 MEMORANDUM OPINION After filing for bankruptcy, Lilis Energy1 failed to pay pre-petition mineral interest royalties due to Tilden Capital Minerals, LLC. Now, Tilden seeks recovery of those unpaid royalties. However, Lilis’s Plan of Reorganization treats claims for unpaid royalties as general unsecured claims. According to the Trustee of Lilis’s Liquidating Trust, a…
2Cases cited7 opinions
- United Student Aid Funds, Inc. v. EspinosaSupreme Court of the United States · 2010
- In the Matter of Southmark Corporation, Debtor. Southmark Corporation v. Joseph GroszCourt of Appeals for the Fifth Circuit · 1995
- Wagner & Brown, Ltd. v. SheppardTexas Supreme Court · 2008
- Grothues v. Internal Revenue ServiceCourt of Appeals for the Fifth Circuit · 2000
- In Re Chipwich, Inc.United States Bankruptcy Court, S.D. New York · 1986
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