Williams' global resolution with chesapeake receives bankruptcy court approval

Tulsa, okla.--(business wire)--williams (nyse: wmb) today announced bankruptcy court approval of the global resolution it reached last month with chesapeake as part of chesapeake's chapter 11 bankruptcy restructuring process. subsequent to the bankruptcy court's approval, williams received a payment of $112 million from chesapeake related to all pre-petition and past due receivables associated with midstream expenses per the existing contracts. key highlights of the approved global resolution i
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