News

EMH Successfully Preserves Causes of Action Against Bankrupt Oil Service Company’s Executives

2017 | Category: Significant Cases

EMH attorneys Kate Easterling and Joe Bain represented Lendteq, LLC in successfully contesting the bankruptcy sale of Diverse Energy Systems, LLC (“DES”) and certain of its affiliates to Cimarron Acquisition Co.   Based on arguments made by EMH, Bankruptcy Judge David R. Jones entered an order conditioning the 363 sale on the preservation of causes of action held by Lendteq and the bankruptcy estate against executives of DES. A copy of the order can be accessed here.