4:25-cv-02650•SandRidge Energy, Inc.
Texte intégral
1 / 2 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION SANDRIDGE ENERGY, INC., Appellant, VS. § § § § § § § § § § CIVIL ACTION NO. 4:25-CV-02650 BEAZLEY INSURANCE COMPANY, INC., et al., Appellees. MEMORANDUM AND ORDER This is an appeal from an Order denying SandRidge Energy, Inc.’s motion to reopen its bankruptcy case and enforce its Chapter 11 Plan where SandRidge, as part of its Plan, assumed the indemnity obligation and D & O Policies pursuant to § 365 of the Bankruptcy Code, which Plan did not discharge the obligations. The details of the dispute(s), arguments and authorities are sufficiently set out in the Bankruptcy Judge’s Memorandum and Opinion [DE 1543] and will not be restated here. The Bankruptcy Court addressed SandRidge’s motion to reopen the Bankruptcy case finding that no good cause to reopen the case existed and denied, SandRidge’s motion. The Bankruptcy Court went on to address other issues regarding the nature of the contract obligations and the status of the provisions under the Plan. However, those issues are not relevant here. In light of the fact that the Bankruptcy’s Court’s decision to not reopen the Bankruptcy case does not impact the rights of the parties to resolve their differences in the Oklahoma case and that the decision was not an abuse of discretion or contrary to law, the Court is of the opinion that the Bankruptcy Court’s decision to not reopen the Bankruptcy case should be Affirmed. United States District Court Southern District of Texas ENTERED December 16, 2025 Nathan Ochsner, Clerk Case 4:25-cv-02650 Document 13 Filed on 12/16/25 in TXSD Page 1 of 2
2 / 2 The Court ORDERS that the decision of the Bankruptcy Court should be and it is Affirmed; hence, this Appeal is Dismissed. SIGNED on December 16, 2025, at Houston, Texas. _________________________________ Kenneth M. Hoyt United States District Judge Case 4:25-cv-02650 Document 13 Filed on 12/16/25 in TXSD Page 2 of 2
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