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Aidikoff, Uhl & Bakhtiari Announces Investigation of Breitburn Energy and other Energy Related Master Limited Partnerships

Aidikoff, Uhl & Bakhtiari is investigating investor losses in oil and gas companies including Los Angeles-based Breitburn Energy Partners (“Breitburn”). On May 15, 2016, Breitburn filed for Chapter 11 bankruptcy protection, citing a continued decline in oil prices which have eroded its balance sheet. Financial service or brokerage firms that recommended the purchase of Breitburn […]

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Breitburn Energy Partners LP filed for Chapter 11 Bankruptcy Protection

Oil and gas company Breitburn Energy Partners LP has filed for Chapter 11 bankruptcy protection, citing continued declines in oil prices which have eroded its balance sheet. Los Angeles-based Breitburn (Nasdaq: BBEP) said it expects to continue its operations without interruption, with cash from its operations, cash on hand, and a $75 million debtor-in-possession financing facility […]

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