The US Bankruptcy Court approved the joint pre-packaged plan of reorganization and disclosure statement of Atlas Resource Partners, L.P. on August 26, 2016. The debtor has filed its joint pre-packaged plan and disclosure statement in the Court on July 27, 2016. As per the plan, administrative expense claims, statutory fees, priority tax claims and fee claims shall be paid in full in cash. Priority non-tax claims, general unsecured claims, intercompany claims, intercompany equity interests and other secured claims shall be reinstated. First Lien claims shall receive its pro rata share of cash in an amount equal to the principal amount of loans and the face amount of issued letters of credit outstanding minus $440 million, accrued and unpaid interest, if not paid and Exit Facility term loan. They shall get revolving loan under exit facility if they elect so. Second Lien claims shall receive its pro rata share of Second Lien Payment, the New Second Lien Loans, and the Second Lien interest payment. Notes claims shall receive its pro rata share of 90% of the New HoldCo common shares. Intercompany equity interests in Atlas Resource Partners Holdings, LLC shall be contributed to New HoldCo. ARP equity interests shall be cancelled and receive no distribution. The plan shall be funded from cash, exit facility, second lien loan and issue of common shares.