Nuverra Environmental Solutions, Inc. (OTCQB: NESC), one of the largest environmental solutions companies focused on the development and ongoing production of oil and natural gas in the United States, and 13 of its affiliates, have filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware (Lead Case No. 17-10949). The petition lists between $100 and $500 million in assets and between $500 million and 1 billion in liabilities. The Debtors enter chapter 11 with a prepacked plan of reorganization that, pursuant to the Company’s Chief Executive Officer and Chairman “has overwhelming support . . . from [the] Term loan lenders and 2021 noteholders.” The debtors have also filed a disclosure statement regarding their plan. Pursuant to the First Day Declaration, the Debtors goal is to emerge quickly from chapter 11 with reduced debt. The Debtors secured $31.5 million in DIP financing from lenders under their Existing Revolving Credit Facility and $12.5 million from their Existing Term Loan Lenders. Prime Clerk is the proposed claims agent. The company previously issued a press release regarding its restructuring plans. The Honorable Kevin J. Carey will be presiding over these cases.