Azure Midstream Partners, LP (fka AZURQ)

[oich]

Definitely not a certainty but the debtor seemed to expunge a lot of claims during the BK process and the language in the motion closing the case seems to imply that there will be a distribution:

“The Plan Administrator has paid or has sufficient funds to satisfy holders of Allowed Claims under Class 1 (Other Priority Claims), Class 2 (Other Secured Claims), Class 3 (Lender Claims), and Class 4 (General Unsecured Claims) in accordance with the Plan. The Plan Administrator has also paid all professional fees approved by the Bankruptcy Court. Furthermore, pursuant to Section 4.6 of the Plan, holders of Existing Azure Interests (as defined in the Plan) will receive their pro rata share of any remaining cash in the Debtors’ estates after satisfaction in full of Claims in Classes 1, 2, 3, and 4. Accordingly, all Allowed Claims and all Allowed Existing Azure Interests have been paid or will be paid in the ordinary course. The Debtors expect to make distributions prior to the end of 2017.”