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The court entered a final decree closing the remaining chapter 11 case for EP Energy E&P Company, L.P., ending the administrative tail of EP Energy’s 2019 restructuring after finding the remaining estate had been fully administered and that administrative expenses had been paid or would be paid as they came due. The order was effective immediately on Dec. 19, 2024, terminates Kroll Restructuring Administration LLC’s claims and noticing services, and requires a final post-confirmation report covering Oct. 1, 2024 through the order date in the Final Decree and Order Closing Remaining Chapter 11 Case.
The closure is not a total jurisdictional exit: the court retained authority to enforce the plan and confirmation order, handle fee issues under 28 U.S.C. § 1930, address remanded MSB Appeals matters, and implement or enforce the final decree. Kroll later filed service evidence for the no-objection certificate and final decree on Jan. 8, confirming the closing package was circulated to the master service list through the Affidavit of Service.
EP Energy E&P Company and the MSB parties told the court they executed a July 25 settlement resolving the pending MSB matters that had been addressed at the June 23 hearing, with stipulations of dismissal, withdrawal, and allowance to follow Joint Advisory Regarding Pending MSB Matters. The settlement moves a cluster of post-confirmation litigation off the active docket rather than merely shifting a hearing date.
The agreed orders allowed three MSB unsecured claims as Class 5A claims against EPLP: Maltsberger/Storey Ranch and Storey Minerals each received $18.9 million for the A Lease Case and $425,000 for the C Lease Case, while Rene R. Barrientos received $6.6 million and $150,000, for about $45.4 million in allowed amounts; four other MSB claims were withdrawn with prejudice MSB Proofs of Claim Order. MSB also withdrew its administrative expense claims with prejudice except for the Temporary Cessation Trespass Claim, while the reorganized debtors withdrew their Second Plan Enforcement Motion, preserving the remaining district court appeals Administrative Expense Claims Order.
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