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Miller Energy Resources Stipulation Filed

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According to the U.S. Bankruptcy Court docket, Miller Energy Resources filed a stipulation and motion for an agreed order extending the time to take action to determine dischargeability of a debt owed to the SEC.

According to documents filed with the Court, “The Debtors and the U.S. Securities and Exchange Commission request that the Court approve the Stipulation and Agreed Order Extending Time to Take Action to Determine the Dischargeability of a Debt Owing to a Governmental Unit extending the deadline for the Commission to file a non-dis-chargeability action (if any) under Section 1141(d)(6) until February 29, 2016, or such later date as may be ordered by the Court, without prejudice to the Commission’s right to seek further extensions of the date. The Commission’s and the Debtors’ rights in regard to any of the issues addressed in the Stipulation, including whether or not claims of the Commission are dischargeable, are expressly reserved.”

The Court scheduled a January 19, 2016 combined hearing to consider the stipulation, with objections due by January 12, 2016. Read more energy bankruptcy news.