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IN RE MAXUS ENERGY CORP.

Case No. 16-11501 (CSS) Jointly Administered Adv. Pro. No.: 18-50489 (CSS).

597 B.R. 235 (2019)

IN RE MAXUS ENERGY CORPORATION, et al., Debtors. Maxus Liquidating Trust, Plaintiff, v. YPF S.A., YPF International S.A., YPF Holdings, Inc., CLH Holdings, Inc., Repsol, S.A., Repsol Exploration, S.A, Repsol E & P USA, Inc., Repsol Offshore E & P USA, Inc., Repsol E & P T & T Limited and Repsol Services Company, Defendants.

United States Bankruptcy Court, D. Delaware.

Signed March 15, 2019.

Attorney(s) appearing for the Case

MORRIS, NICHOLS, ARSHT & TUNNELL LLP, Robert J. Dehney, Curtis S. Miller (Argued), Daniel B, Butz, 1201 North Market Street, Wilmington, Delaware 19899 -and- WEIL, GOTSHAL & MANGES LLP, Robert Lemons 767 Fifth Avenue, New York, New York 101053 -and- Edward Soto, Brickell Avenue, Suite 1200, Miami, Florida 33131, 1155 Avenue of the Americas, Counsel for Defendants Repsol, S.A., Repsol Exploration S. A., Repsol, USA Holdings Corp., Repsol E & P USA, Inc., Repsol Offshore E & P USA, Inc., Repsol E & P T & T Limited and Repsol Services Company.

FARNAN LLP, Brian E Farnan, Michael J. Farnan, 919 North Market Street, 12th Floor, Wilmington, DE 19801 -and- WHITE & CASE LLP, J. Christopher Shore (Argued), Thomas MacWright, 1221 Avenue of the Americas, New York, New York 10020, Counsel for the Liquidating Trust.

AMENDED OPINION

INTRODUCTION

Scores of entities have found themselves made parties to this matter. Innumerable claims have been made. A procession of attorneys has come and gone. Yet still, the matter "drags its weary length before the Court."1

Though Maxus...

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