Bankrupt Ryckman Creek Allowed To Switch To New Buyer

Published: 6/12/2017
Bankrupt Ryckman Creek Allowed To Switch To New Buyer
Source: WWW.LAW360.COM

Natural gas storage venture Ryckman Creek Resources LLC won Delaware bankruptcy court approval Wednesday to switch its buyer and Chapter 11 plan sponsor to Sandton Capital Partners LP for a deal that is proposed to pay $6.2 million upfront in cash and a $10 million note going forward.

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