David Bennett, Cassandra Shoemaker Mentioned in Law360 on Endeavour Creditors

“Endeavour Creditors Have Bid For Standing Put On Hold”

A Delaware bankruptcy judge on Friday declined to consider a bid by Endeavour Operating Corp. unsecured creditors for standing to sue lenders over $440 million in obligations, saying it belonged on the back burner in light of the energy company’s recent move to ditch its prearranged Chapter 11 plan.

At a hearing in Wilmington, U.S. Bankruptcy Judge Kevin J. Carey said taking up the official committee of unsecured creditors’ motion for standing now would not be a good thing for the estate or any parties involved, given Endeavour’s decision Wednesday to pursue an asset sale instead of a restructuring plan.

The creditor committee is represented by Neil B. Glassman, Scott D. Cousins and Evan T. Miller of Bayard PA and David M. Bennett and Cassandra Sepanik Shoemaker of Thompson & Knight LLP.