When Atlas Resource Partners LP filed for Chapter 11 bankruptcy in July, it negotiated away $900 million of debt.  This restructuring may have reduced Atlas’ debt, but because Atlas is an MLP or Master Limited Partnership, it also could have left its investors with a large tax bill. The negotiated plan has the company’s unit […]

Atlas Resource Partners, L.P. (ARP)  has filed for Chapter 11 bankruptcy, Wednesday, July 27, 2016, after negotiating a plan to eliminate $900 million of debt off its books which will reduce interest expenses by $80 million. This restructuring will reduce the oil and gas producer’s debt, but could leave its investors with a hefty tax […]