Lonestar Resources US, Inc. – Court Confirms Prepackaged Plan which Sees $250mn of 2023 Notes Converted to 96% of Emerged Equity
November 12, 2020 – The Court hearing the Lonestar Resources US cases confirmed the Debtors’ Joint Prepackaged Plan of Reorganization [Docket No. 219]. On September 30, 2020, Lonestar Resources US, Inc. and 21 affiliated Debtors (NASDAQ: LONE; “Lonestar” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District…