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In re Forbes Energy Services Ltd., Case No. 17-20023 (DRJ) Jointly Administered
United States Bankruptcy Court, Southern District of Texas (http://www.txs.uscourts.gov/bankruptcy)
Debtors' Prepackaged Joint Plan of Reorganization:
Solicitation was conducted to obtain sufficient acceptances of a prepackaged Plan of Reorganization prior to the filing of voluntary reorganization cases under Chapter 11 of Title 11 of the United States Code.

Please take notice the Combined Disclosure Statement and Confirmation Hearing will be held before the Honorable David R. Jones, United States Bankruptcy Judge, at the United States Bankruptcy Court, 1133 N. Shoreline Blvd, Corpus Christi, Texas, on March 8, 2017 at 10:00 a.m. CT, to consider the adequacy of the Disclosure Statement, any objections to the Disclosure Statement, confirmation of the Plan, any objections thereto, and any other matter that may properly come before the Bankruptcy Court.

Please see the Notice of (I) Commencement of Prepackaged Chapter 11 Bankruptcy Cases; (II) Combined Hearing on the Disclosure Statement, Confirmation of the Prepackaged Joint Chapter 11 Plan, and Related Matters; and (III) Objection Deadlines, and Summary of the Debtors’ Prepackaged Joint Chapter 11 Plan [Docket No. 81] for additional information.

To see copies of the Solicitation Materials, click here.

RELATED DOCUMENTS:
Restructuring Support Agreement: Click here to view the Agreement.

Backstop Agreement Among Forbes Energy Services Ltd. and Certain Lenders: Click here to view the Agreement.

Exit Facility Loan and Security Agreement: Click here to view the Agreement.

Disclosure Procedures for Certain Transfers of Common Stock and Preferred Stock:
Please see the Notice of Disclosure Procedures Applicable to Certain Holders of Common Stock and Preferred Stock, Disclosure Procedures for Transfers of Common Stock or Preferred Stock, and Final Hearing on the Application Thereof [Docket No. 82] for additional information.

Failure to follow the procedures set forth in the Order [Docket No. 63] shall constitute a violation of, among other things, the automatic stay provisions of section 362 of the Bankruptcy Code. As such, any prohibited purchase, sale, other transfer of common stock or preferred stock, beneficial ownership therein, or option with respect thereto in violation of the Order is prohibited and shall be null and void ab initio and may be subject to additional Court-ordered sanctions.
First Day Hearing:
Please take notice that a hearing on the First Day Motions was held on January 25, 2017 at 9:30 a.m. CT before the Honorable David R. Jones at the United States Bankruptcy Court for the Southern District of Texas, 515 Rusk Avenue, Houston, TX at Courtroom 400. Please see the Notice of Hearing on First Day Motions Scheduled for January 25, 2017 at 9:30 a.m. CT [Docket No. 21] and Notice of Agenda [Docket No. 22] for additional information. To view the First Day Pleadings, please click here.
General Information:

On January 22, 2017, the below Debtors filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy Code"). The cases are jointly administered under Case No. 17-20023 before the Honorable David R. Jones (DRJ) in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court").

Debtor Name Debtor Case Number
Forbes Energy Services Ltd. 17-20023
Forbes Energy Services LLC 17-20024
C.C. Forbes, LLC 17-20025
TX Energy Services, LLC 17-20026
Forbes Energy International, LLC 17-20027

Pursuant to the Bankruptcy Code (specifically including, but not limited to, 11 U.S.C. § 362), a debtor is afforded certain protection against its creditors; the Bankruptcy Code prohibits creditors from taking certain actions related to debts that may have been owing prior to the commencement of the Bankruptcy Cases. If you believe that you might be a creditor of the Debtors based upon debts arising prior to January 22, 2017 and you are considering taking action based upon your status as a creditor, you may wish to seek legal advice. The staff of the Clerk of the Bankruptcy Court and the staff of KCC are not permitted to give legal advice.

For additional information, please contact the Forbes Energy Services toll-free information line at (877) 634-7165 or, if calling from outside the United States or Canada, at (424) 236-7221. You may also submit an inquiry via email using the submit an inquiry link.

Important Dates, Deadlines & Documents

March 8, 2017
(10:00 a.m. CT)

January 25, 2017
(9:30 a.m. CT)

January 22, 2017

Meeting of Creditors

The meeting of creditors pursuant to section 341 of the Bankruptcy Code (the "Meeting of Creditors") has not yet been scheduled. By Court Order, the U.S. Trustee need not and shall not convene a meeting of creditors or equity holders pursuant to section 341(e) of the Bankruptcy Code if the Plan is confirmed within 75 days following the Petition Date.


Rule 9001(5) of the Federal Rules of Bankruptcy Procedure requires that a representative of the Debtors appears at the Meeting of Creditors for the purpose of being examined under oath by a representative of the Office of the United States Trustee and by any interested parties that attend the meeting. Creditors are welcome, but not required, to attend the meeting. The Meeting of Creditors may be continued or adjourned by notice at the meeting, without further written notice to creditors.

Parties & Addresses


United States Bankruptcy Court
Southern District of Texas, Corpus Christi Division
1133 North Shoreline Blvd
Corpus Christi, TX 78401
T: (361) 888-3142
http://www.txs.uscourts.gov/bankruptcy


See Court address set forth in adjacent box.



Please file proof(s) of claim, if any, via US Mail or other hand delivery system. Facsimile and other electronic delivery methods are not acceptable. You must file an originally executed proof of claim. If you would like a copy of your claim returned to you as proof of receipt, please enclose an additional copy and a self-addressed postage-paid envelope.

Attorneys' Addresses

Richard M. Pachulski, Esq.
Ira D. Kharasch, Esq.
Maxim B. Litvak, Esq.
Joshua M Fried
Pachulski Stang Ziehl & Jones LLP
10100 Santa Monica Blvd., 13th Floor
Los Angeles, CA 90067
T: (310) 277-6910
F: (310) 201-0760
http://www.pszjlaw.com


Phil Snow, Esq.
Kenneth Green, Esq.
Snow Spence Green, LLP
2929 Allen Parkway, Suite 2800
Houston, TX 77019
T: (713) 335-4800
F: (713) 335-4902
http://www.snowspencelaw.com


606 North Carancahua Street, Suite 1107
Corpus Christi, TX 78401
T: (361) 888-3261
F: (361) 888-3263
https://www.justice.gov/ust-regions-r07


Note

Kurtzman Carson Consultants LLC ("KCC") maintains this website at the direction of Pachulski Stang Ziehl & Jones LLP, counsel to the Debtors. KCC maintains this website for the public's convenience and, while KCC makes every attempt to ensure the accuracy of the information contained herein, this website is not the website of the United States Bankruptcy Court and does not contain the complete, official record of the Bankruptcy Court. All documents filed with the Court, including lists of the Debtors' assets and liabilities, are available for inspection at the Clerk of the Bankruptcy Court, Southern District of Texas.