IN THE MATTER OF: ULTRA PETROLEUM CORPORATION, Debtor, LOUIS C. TALARICO, Appellant, versus ULTRA PETROLEUM CORPORATION, Appellee., 2022 U.S. App. LEXIS 8941

Summary

HOLDINGS: [1]-In Chapter 11 bankruptcy proceedings for an oil company, the district court properly dismissed a shareholder's challenge to the bankruptcy court's confirmation of the debtor's plan of reorganization because he did not seek a stay and the plan had been substantially consummated; [2]-The shareholder did not point to errors made by the district court in its equitable mootness dismissal or to errors made by the bankruptcy court with discrete solutions that could be solved through fractional recovery.