Angelo, Gordon Energy Servicer, LLC, administrative agent and collateral agent, filed a motion in the US Bankruptcy Court to convert Rooster Energy, L.L.C.’s Chapter 11 reorganization to Chapter 7 liquidation on June 16, 2017. The Agent states that the case should be converted because of continuous diminution of the debtor’s estate with no reasonable likelihood for a successful rehabilitation. Also the debtors have asserted that the debt holders are under secured and the debtor will not be able to fund the costs of administration.