December 21, 2019
A Chapter 11 plan for Dallas-area-based frack sander Emerge Energy has been okayed by a bankruptcy judge.
There were problems with liability releases in an earlier plan from the Southlake sand mining company and its affiliates as it completes its modified plan for restructuring, according to Law360.
A judge in Delaware signed off on the latest plan on Wednesday, preparing the company for it’s release from bankruptcy court.
Emerge filed for bankruptcy protection on July 15th.