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Saratoga Resources Extension-Related Stipulation Issued

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According to the U.S. Bankruptcy Court docket, Saratoga Resources filed a third stipulated order regarding its motion for an order extending exclusive periods.

The order states, “IT IS HEREBY ORDERED that the time period in which the Debtors have the exclusive right to file a plan of reorganization under Bankruptcy Code Section 1121(b) is extended through December 4, 2015, and the time period for obtaining acceptances of a plan of reorganization under Bankruptcy Code Section 1121(c)(3) is extended through February 2, 2016, as stipulated to by the UCC and Majority First Lien Noteholders.”

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