# What recourse do Royalty Owner have when Operating Co, Files for Bankruptcy?

**URL:** https://www.mineralrightsforum.com/t/what-recourse-do-royalty-owner-have-when-operating-co-files-for-bankruptcy/3851
**Category:** Law & Legal
**Created:** [December 2, 2016, 2:53am UTC](https://www.mineralrightsforum.com/t/what-recourse-do-royalty-owner-have-when-operating-co-files-for-bankruptcy/3851 "2016-12-02T02:53:59Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![Elizabeth\_Marie\_Precour](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/e/cab0a1/32.png) [@Elizabeth\_Marie\_Precour](https://www.mineralrightsforum.com/u/Elizabeth_Marie_Precour)
#### Post date: [December 2, 2016, 2:53am UTC](https://www.mineralrightsforum.com/t/what-recourse-do-royalty-owner-have-when-operating-co-files-for-bankruptcy/3851/1 "2016-12-02T02:53:59Z")

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Atlas Operating Co LLC has filed for bankruptcy and we as royalty owners were not notified. The company has an answering machine and I leave a message but never get a call back. I have written letters, sent e-mail, and phoned. I found out that the bankruptcy was filed in NY court 7/27/16.

The last time that I received anything from the company were Division orders on Sept. 2, 2016.

Any advice on what recourse we can do.

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### Author: ![Clint\_Liles](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/clint_liles/32/16995_2.png) [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [December 2, 2016, 3:07am UTC](https://www.mineralrightsforum.com/t/what-recourse-do-royalty-owner-have-when-operating-co-files-for-bankruptcy/3851/2 "2016-12-02T03:07:18Z")

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[http://www.mineralrightsforum.com/profiles/blogs/my-producer-has-filed-bankruptcy-now-what](http://www.mineralrightsforum.com/profiles/blogs/my-producer-has-filed-bankruptcy-now-what)

Clint Liles

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:54pm UTC](https://www.mineralrightsforum.com/t/what-recourse-do-royalty-owner-have-when-operating-co-files-for-bankruptcy/3851/3 "2018-08-14T22:54:12Z")

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