Fracking Company’s Creditor Agrees To Reduce Claim By More Than $15.21M

Mealey's (February 27, 2017, 7:55 AM EST) -- HOUSTON — A bankrupt hydraulic fracturing company and one of its creditors on Feb. 22 reached a stipulated agreement in Texas bankruptcy court under which the creditor agreed to reduce each of its eight claims by $15,219,144.96 (In re: Ultra Petroleum Corp., No. 16-32202, S.D. Texas Bkcy.)....

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