IN RE MAXUS ENERGY CORP.

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

641 B.R. 467 (2022)

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 Exploratión, 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 June 22, 2022.


Attorney(s) appearing for the Case

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

John J. Kuster , SIDLEY AUSTIN LLP, 787 Seventh Avenue, New York, New York 10019 -and- Matthew McGuire , LANDIS RATH & COBB LLP, 919 N. Market Street, Suite 1800, Wilmington, Delaware 19801 -and- Jeffrey A. Rosenthal , CLEARY GOTTLIEB STEEN & HAMILTON LLP, One Liberty Plaza, New York, NY 10006, Counsel for YPF S.A., YPF International S.A., YPF Holdings, Inc. and CLH Holdings, Inc.

MORRIS, NICHOLS, ARSHT & TUNNELL LLP, Robert J. Dehney , Curtis S. Miller , 1201 North Market Street, Wilmington, Delaware 19899 -and- WEIL, GOTSHAL & MANGES LLP, Corey D. Berman , 1395 Brickell Avenue, Suite 1200, Miami, Florida 33131, Counsel for Defendants Repsol, S.A., Repsol Exploración 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.


Related Adv. D.I. 621, 637 and 645

OPINION

Table of Contents

Introduction...485

Jurisdiction...487

Procedural History and Background...487

A. The Parties...487

B. The History of the Diamond Alkali Superfund Site...

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