Oaktree-led Bondholders Said to Fight Samson Chapter 11 Plan

Updated on
  • Group also including Blackstone says senior loan now worthless
  • Bankrupt oil-and-gas producer undone by energy-price collapse

Oaktree Capital Group LLC and Blackstone Group LP are gearing up to fight bankrupt Samson Resources Corp.’s plan to hand itself over to lenders led by Cerberus Capital Management LP, according to three people with knowledge of the strategy.

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