Shoreline Energy LLC’s liquidation plan had become effective by March 8, 2017, when the creditor trust filed its notice of confirmation and effectiveness Dkt. 547. The next identified procedural steps concerned administrative, professional-fee and rejection-damage claims, for which the notice established bar dates as the case moved into liquidation-plan implementation.

Shoreline Energy LLC’s Chapter 11 proceeding had reached effectiveness of a confirmed liquidation plan by March 8, 2017. The creditor trust’s notice of confirmation and effectiveness Dkt. 547 reported that outcome and established bar dates for certain administrative claims, professional-fee claims and rejection-damage claims, placing claims administration at the next stage of plan implementation.

Shoreline filed its Chapter 11 petition Dkt. 1 on November 2, 2016. Financing supported the bankruptcy process: the court’s December 16, 2016 final DIP order Dkt. 190 authorized senior secured, superpriority financing of up to $50 million, including $32 million of prepetition first-lien advances, together with cash-collateral use, priming liens and adequate protection for prepetition secured parties.

The debtor filed its first amended joint plan of liquidation Dkt. 243 on December 30, 2016. On February 28, 2017, the court’s Hilcorp sale order Dkt. 526 authorized the sale of certain non-designated assets to Hilcorp Energy I, L.P., free and clear of liens, claims, encumbrances and interests, along with assumption and assignment of certain contracts and leases. That authorization and the subsequent notice of plan effectiveness establish a liquidation path, with post-effectiveness claims deadlines identified in the March 8 notice.

Shoreline Energy LLC’s liquidation plan had become effective by March 8, 2017, when the creditor trust filed its notice of confirmation and effectiveness Dkt. 547. The next identified procedural steps concerned administrative, professional-fee and rejection-damage claims, for which the notice established bar dates as the case moved into liquidation-plan implementation.

Shoreline Energy LLC’s Chapter 11 proceeding had reached effectiveness of a confirmed liquidation plan by March 8, 2017. The creditor trust’s notice of confirmation and effectiveness Dkt. 547 reported that outcome and established bar dates for certain administrative claims, professional-fee claims and rejection-damage claims, placing claims administration at the next stage of plan implementation.

Shoreline filed its Chapter 11 petition Dkt. 1 on November 2, 2016. Financing supported the bankruptcy process: the court’s December 16, 2016 final DIP order Dkt. 190 authorized senior secured, superpriority financing of up to $50 million, including $32 million of prepetition first-lien advances, together with cash-collateral use, priming liens and adequate protection for prepetition secured parties.

The debtor filed its first amended joint plan of liquidation Dkt. 243 on December 30, 2016. On February 28, 2017, the court’s Hilcorp sale order Dkt. 526 authorized the sale of certain non-designated assets to Hilcorp Energy I, L.P., free and clear of liens, claims, encumbrances and interests, along with assumption and assignment of certain contracts and leases. That authorization and the subsequent notice of plan effectiveness establish a liquidation path, with post-effectiveness claims deadlines identified in the March 8 notice.