Failed E&P partnership filed Chapter 11 in Northern District of Texas.
Liquidating plan was confirmed.
Named Liquidating Agent pursuant to confirmed Plan of Reorganization.
Investigated and pursued deficiency claims against European general partners.
Developed and implemented a specialized marketing plan to stimulate purchase interest of mineral royalty interests located in 260 producing oil and gas wells located in Texas, Oklahoma, Montana and North Dakota.
Conducted, before twenty-two purchasers from the United States and Canada, a successful open auction where the mineral interests were sold to the highest bidder for cash that represented approximately 80% of the interest’s face value.