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Stock impact report

Gas Tycoon Charif Souki Owes Lenders $100 Million, Judge Rules [Yahoo! Finance]

Tellurian Inc. (TELL) 
Last tellurian inc. earnings: 2/24 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.tellurianinc.com
Company Research Source: Yahoo! Finance
as collateral for personal loans, owes lenders at least $100 million, a Texas bankruptcy judge ruled. Most Read from Bloomberg A Million Simulations, One Verdict for US Economy: Debt Danger Ahead Trump Media's Business Doesn't Matter Iran Vows to Punish Israel for Strike on Embassy in Syria Tesla Disappoints Analysts by Most Ever in Brutal Blow for EVs Caribbean Golden Passport Cost Soars to $200,000 on EU Crackdown Judge Christopher Lopez denied Souki's claims that his lenders, including a fund managed by UBS O'Connor LLC, undermined efforts to retire his personal debt by destroying the value of the ranch and selling shares of his LNG export company, Tellurian Inc., at unreasonably low prices. Monday's ruling is a setback for Souki, who put the Aspen ranch into Chapter 11 last July after suing his lenders in New York. The amount Souki owes lenders will be offset by proceeds from the sale of the ranch in bankruptcy, which netted $30.5 million. Lawyers for Souki didn' Show less Read more
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