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Lilis Energy to Pursues Sale Process After Värde Partners Declines Investment

Lilis Energy will sell substantially all of its assets through the Chapter 11 process after Värde Partners declined to pursue a new money investment in the exploration and production company to sponsor a plan of reorganization.

Opportune Advises Lilis Energy During Chapter 11 Process

Opportune is serving as restructuring advisor to Lilis Energy, which filed petitions under Chapter 11 of the United States Bankruptcy Code to initiate voluntary cases in the United States Bankruptcy Court for the Southern District of Texas, Houston Division.

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Lilis Energy to Pursues Sale Process After Värde Partners Declines Investment

Opportune Advises Lilis Energy During Chapter 11 Process