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Axip is in post-effective-date liquidation: the court confirmed the Debtors' liquidation plan on June 22, 2026, and the plan became effective on June 25, shifting the case to implementation of the confirmed wind-down and distributions notice of confirmation and occurrence of the effective date Dkt. 428. The remaining case focus is therefore administration of the post-sale estates and claim resolution, rather than an operating reorganization. Axip and six affiliates filed Chapter 11 on February 22, 2026, after liquidity pressure from a major customer's 2024 bankruptcy, delayed recovery tied to lagging electrical infrastructure for wellhead compression, and anticipated covenant defaults that led to a refinancing and sale process beginning in March 2025 CRO declaration Dkt. 17. At filing, the Debtors had approximately $240.5 million in funded debt, principally a JPMorgan-administered ABL facility, a superpriority facility, and a Permico second-lien facility CRO declaration Dkt. 17. The cases were structured around a section 363 sale, supported by JPMorgan-led DIP financing and cash-collateral authority to maintain operations through the process DIP financing motion Dkt. 14; the court later entered the final DIP order final…
Updated Aug 9, 2026
Certificate of Mailing of Claims Agent re Notice of Debtor-in-Possession Monthly Operating Report for Filing Period June 2026. Filed by Axip Energy Services, LP; Notice of Debtor-in-Possession Monthly Operating Report for Filing Period June 2026. Filed by Axip Energy Services Management, LLC; Notice of Debtor-in-Possession Monthly Operating Report for Filing Period June 2026. Filed by Axip Holdings, LLC; Notice of Debtor-in-Possession Monthly Operating Report for Filing Period June 2026. Filed by Axip Leasing Company, LLC; Notice of Debtor-in-Possession Monthly Operating Report for Filing Period June 2026. Filed by Axip Producer Services - Marcellus I, LLC; Notice of Debtor-in-Possession Monthly Operating Report for Filing Period June 2026. Filed by Axip Producer Services, LLC; Notice of Debtor-in-Possession Monthly Operating Report for Filing Period June 2026. Filed by E3 Compression Holdings LLC; Final Fee Application of Vinson and Elkins LLP, Attorneys for the Debtors and Debtors in Possession, for the Period from February 22, 2026 Through June 25, 2026; First and Final Fee Application of Evercore Group L.L.C., Investment Banker for the Debtors and Debtors in Possession, for the Period from February 22, 2026 Through June 25, 2026; Final Fee Application of Davis Polk & Wardwell LLP as Counsel to the Independent Member for the Period from February 22, 2026 Through June 25, 2026; Supplemental Declaration of David S. Meyer in Support of Application for Entry of an Order Authorizing the Retention and Employment of Vinson & Elkins LLP as Counsel for the Debtors and Debtors in Possession Effective as of the Petition Date; Supplemental Declaration of Angela M. Libby in Support of Application for Entry of an Order Authorizing the Retention and Employment of Davis Polk & Wardwell LLP as Counsel to the Independent Member Effective as of the Petition Date; Final Fee Application of Ankura Consulting Group, LLC, Restructuring Advisor for the Debtors and Debtors in Possession, for the Period from February 22, 2026 Through June 25, 2026 Filed by Epiq Corporate Restructuring, LLC (Heintz, Mark)
Docket 451 · Aug 12, 2026
Certificate of Mailing of Claims and Noticing Agent re Application for Compensation Final Application of Pachulski Stang Ziehl & Jones LLP, Counsel to the Official Committee of Unsecured Creditors, for Allowance of Compensation for Services Rendered and Reimbursement of Expenses Incurred for the Period from March 9, 2026, through June 25, 2026; Application for Compensation First and Final Fee Application of Berkeley Research Group, LLC for Allowance of Compensation for Services Rendered as Financial Advisor to the Official Committee of Unsecured Creditors for the Period from March 11, 2026 through June 25, 2026 Filed by Epiq Corporate Restructuring, LLC (Heintz, Mark)
Docket 450 · Aug 11, 2026
Application for Compensation First and Final Fee Application of Berkeley Research Group, LLC for Allowance of Compensation for Services Rendered as Financial Advisor to the Official Committee of Unsecured Creditors for the Period from March 11, 2026 through June 25, 2026. Objections/Request for Hearing Due in 21 days. Filed by Creditor Committee Official Committee of Unsecured Creditors (Heckel, Theodore)
Docket 449 · Aug 7, 2026
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