First River Energy, LLC, a midstream energy company based in San Antonio, TX, has filed a petition for relief under Chapter 11. in the Bankruptcy Court for the District of Delaware (Case No. 18-10080). First River Energy expanded substantially in 2015 when it received an equity investment from RWE Supply & Trading and acquired the San Antonio-based Texas Gathering Company. The Petition estimates First River Energy’s assets and liabilities to both be between $10–$50 million. A claims and noticing agent has not yet been proposed. The case has been assigned to the Honorable Mary F. Walrath.
Contact Norman L. Pernick or Nicholas J. Brannick for more information regarding this matter. Please note, however, that Cole Schotz P.C. does not represent the debtor in this case and cannot respond to questions directed toward the debtor.