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Full title: Stipulation Resolving Proof of Claim No. 25-1 And Proof of 503(b)(9) Claim No. 1157 filed by David W. Parham for Debtor First River Energy, LLC. (Attachments: # 1 Appendix Service List)(Parham, David)

Document posted on Aug 12, 2021 in the bankruptcy, 3 pages and 0 tables.

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§ § STIPULATION RESOLVING PROOF OF CLAIM NO.WHEREAS, the Debtor pursuant to an order granting Motion for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 503(b)(9)Establishing Procedures for the Assertion, Resolution, and Satisfaction of Claims Asserted Pursuant to 11 U.S.C. § 503(b)(9) listed Claimant on a 503(b)(9)WHEREAS, on April 18, 2018, the Claimant filed a Proof of Claim No. 25-12 asserting a secured claim against the Debtor in the amount of $9,236,542.10 (the “Secured Claim”).For purposes of the Plan, and any amendments thereto, the Claimant shall have an allowed Secured Claim in the amount of $866,765.00 and an allowed 503(b)(9) Claim in the amount of $1,561,211.00 (the “Allowed Claims”).

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE WESTERN DISTRICT OF TEXAS SAN ANTONIO DIVISION In re: § § Chapter 11 FIRST RIVER ENERGY, LLC,1 § § Bankruptcy Case No. 18-50085 Debtor. § § STIPULATION RESOLVING PROOF OF CLAIM NO. 25-1 AND PROOF OF 503(b)(9) CLAIM NO. 1157 U.S. Energy Development Corporation, (the “Claimant”) and First River Energy, LLC (the “Debtor” and, collectively, the “Parties”), through undersigned counsel, hereby stipulate and agree as follows: WHEREAS, on January 12, 2018 (the “Petition Date”), the Debtor filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code. WHEREAS, the Debtor pursuant to an order granting Motion for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 503(b)(9) Establishing Procedures for the Assertion, Resolution, and Satisfaction of Claims Asserted Pursuant to 11 U.S.C. § 503(b)(9) listed Claimant on a 503(b)(9) Claims List as having two claims in the amount of $1,066,298.57 and $1,090.99. WHEREAS, on April 18, 2018, the Claimant filed a Proof of Claim No. 25-12 asserting a secured claim against the Debtor in the amount of $9,236,542.10 (the “Secured Claim”). WHEREAS, on April 18, 2018, the Claimant filed a Proof of 503(b)(9) Claim No. 1157 asserting a claim against the Debtor in the amount of $1,739,940.95 (the “503(b)(9) Claim”). 1 The Debtor in this chapter 11 case, along with the last four digits of the Debtor's federal tax identification number, is: First River Energy, LLC (9656). The mailing address for the Debtor, solely for purposes of notices and communications, isP.O. Box 1718, Livingston, TX 77351. 2 Donlin, Recano’s Claim No. 1375.

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WHEREAS, on July 14, 2021, the Debtor filed its Third Amended Chapter 11 Plan of Liquidation [Docket No. 1026] (the “Plan”). Accordingly, it is hereby AGREED that: 1. For purposes of the Plan, and any amendments thereto, the Claimant shall have an allowed Secured Claim in the amount of $866,765.00 and an allowed 503(b)(9) Claim in the amount of $1,561,211.00 (the “Allowed Claims”). 2. Except for the Allowed Claims, all other claims that the Claimant had, has, or may have against the Debtor are disallowed with prejudice. 3. This Stipulation shall be binding upon the Parties' successors, agents, assigns including bankruptcy trustees and estate representatives, and any parent, subsidiary, or affiliated entity of the Parties. 4. The undersigned represent that they are authorized to execute this Stipulation on behalf of the representative party for whom they have signed. 5. The Court retains jurisdiction with respect to all matters arising from or relating to the implementation of this Stipulation, and the Parities hereby consent to such jurisdiction to resolve any disputes or controversies arising from or related to this Stipulation. 6. In the event the Plan is not confirmed, this Stipulation shall be of no force or effect. STIPULATED AND AGREED TO BY: Waller Lansden Dortch & Davis, LLP Akerman LLP By: /s/ Mark C. Taylor By: /s/ David W. Parham Mark C. Taylor (SBN 19713225) David W. Parham (SBN 15459500) 100 Congress Ave., Suite 1800 Esther McKean (SBN: 24122145) Austin, Texas 78701 2001 Ross Avenue, Suite 3600 Telephone: (512) 685-6400 Dallas, Texas 75201 COUNSEL FOR CLAIMANT Telephone: (214) 720-4345 Fax: (214) 981-9339 COUNSEL FOR DEBTOR

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CERTIFICATE OF SERVICE I hereby certify that, on August 13, 2021, a true and correct copy of the foregoing document was served electronically by the Court’s PACER system to all parties receiving such notices. Furthermore, I directed Donlin Recano, the Debtor’s Noticing Agent, to serve the foregoing document via first class, on the parties named on the notice list attached hereto. /s/ David W. Parham David W. Parham

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