Sheridan Production Company, LLC – Debtors’ Withdraw from Asset Sale; Toggle Back to Equitization Restructuring in Latest Surprise Ahead of November 12th Confirmation Hearing

November 9, 2019 – With the clock ticking towards a November 12th Plan confirmation hearing,the Debtors have changed restructuring paths, yet again. Having surprised their creditors with an eleventh hour announcement heralding a toggle to an asset sale; they have now toggled back to an equitization transaction; apparently unable to drum up sufficient support from…