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)
Oil & Gas
Our restructuring department fields large, multidisciplinary teams that leverage the resources of our firm as a whole. We act on all sides of cutting-edge restructuring transactions across a range of industries.
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Sabine Oil & Gas’s Chapter 11 Case
The second lien agent in the chapter 11 case of Sabine Oil & Gas Corporation, an oil and natural gas company engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties onshore in the United States.
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Ultra Petroleum’s Chapter 11 Cases
An ad hoc committee of holdco noteholders in the chapter 11 cases of Ultra Petroleum and its affiliated debtors, oil and gas exploration and production companies with over $3 billion in indebtedness.
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Pacific Exploration’s Cross-border Restructuring
U.S. counsel to the ad hoc committee of senior noteholders of Pacific Exploration and Production (n/k/a Frontera Energy), an oil and gas exploration company, and certain debtor-in-possession financing providers in the cross-border restructuring of the company’s approximately $5 billion of debt obligations through proceedings commenced in Canada, the U.S. and Colombia.
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Tidewater’s Prepackaged Chapter 11 Case
An unofficial committee of noteholders of Tidewater, a leading provider of offshore service vessels in the global energy industry, in connection with a restructuring of the company’s approximately $2 billion of debt pursuant to a prepackaged chapter 11 plan.
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Triangle Petroleum’s Prepackaged Chapter 11 Case
Triangle Petroleum, an independent energy holding company, in its prepackaged chapter 11 case in Delaware.
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EnQuest’s Cross-border Restructuring
U.S. counsel to EnQuest, the largest U.K. independent oil producer in the U.K. North Sea, in connection with a restructuring of the company’s approximately $1.8 billion of debt obligations through proceedings in the United Kingdom and the United States. This matter was recognized by The American Lawyer as the “Global Finance Deal of the Year: Insolvency and Restructuring (U.K.).”
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Brookfield
Brookfield in a restructuring of its portfolio company, Altera Infrastructure, a leading international midstream services provider to the oil and gas industry, through prearranged chapter 11 cases in the Southern District of Texas. Brookfield provided a $70 million DIP loan and participated in an approximately $95 million equity rights offering. The company’s plan provided for the restructuring of over $1 billion in liabilities.
