A top-notch restructuring group, capable of handling the biggest and the most difficult restructuring from either company side or creditors’ side. 
- Chambers USA, Band 1 Bankruptcy/Restructuring (Nationwide and NY)
Stallion Oilfield Services Ltd. Successfully Emerges from Bankruptcy
- Client News
- February 4, 2010
Practices
On February 2, Stallion Oilfield Services Ltd., a leading oilfield services company that provides comprehensive wellsite support and production and logistics services to oil and natural gas exploration and production companies, successfully completed its reorganization and emerged from chapter 11 protection. As part of the reorganization, Stallion entered into a pre-negotiated restructuring agreement with an ad hoc committee of unsecured lenders and bondholders advised by Paul, Weiss that eliminated approximately $515 million of Stallion's unsecured debt in exchange for 98% of the common equity in the reorganized company. The Paul, Weiss team representing the ad hoc committee includes bankruptcy partners Andrew Rosenberg and Elizabeth McColm and associate Sarah Harnett; corporate partner Bruce Gutenplan, counsel Bruce Gruder and associates Aun Singapore, Cory Kampfer, Adam Balfour and Ruthie Wahl; environmental counsel William O'Brien; tax partner David Mayo and associate Christine Maisano; employee benefits counsel Maureen Riley and associates Reuven Falik and Kimberly Steefel; and paralegal Brooke Filler.