Contact number
+1 713 221 2300About
Provided by Bracewell LLP
Bracewell’s restructuring practice advises parties on a broad range of restructurings, primarily in the energy sector. The team focuses on:
- energy sector workouts and Chapter 11 cases for both creditors and debtors, including oil and gas, exploration and production, and power projects, including debtor representations and secured lender representations;
- ad hoc creditor groups, where they typically represent anywhere between five and 50 holders of public bonds, private notes or first or second lien loans in high-profile and big-dollar restructurings and bankruptcies;
- international restructurings; with a particular focus on restructurings in Australia, Canada and Latin America;
- maritime shipping and other international companies seeking Chapter 11 protection as part of their global restructuring efforts;
- specialty bond niches, including tribal and other casino revenue bonds and municipal bonds;
- private equity and hedge funds in connection with distressed debt acquisitions and control strategies both in Chapter 11 and out-of-court, including a specialization in Section 363 transactions and credit bids; and
- distressed M&A and related investments.
Bracewell has a strong bankruptcy litigation practice, which is especially critical in today’s economic climate given the proliferation of fraudulent transfer, fiduciary duty, lender liability, valuation disputes, and other complex litigation issues arising in Chapter 11 cases.
Chambers Review
Bracewell LLP possesses notable strength in oil and gas bankruptcies involving local and national clients. Adept at handling workouts and Chapter 11 cases. Frequently engaged by institutional investors and commercial lenders, particularly in relation to work in the energy and shipping industries. Houses a respected bankruptcy litigation practice, acting for both creditors and debtors. Experienced in handling international restructurings.
Work Highlights
- Bracewell LLP represented Mid-South Electric Cooperative Association in connection with the Brazos Electric Power Cooperative Chapter 11.
Strengths
Provided by Chambers
"The team at Bracewell is excellent to deal with. They're knowledgeable, capable and focused on getting to the right solution for the client."
"Bracewell has a team of professionals focused on the matter at hand."
"The lawyers at Bracewell are extremely competent, knowledgeable and skilled at handling complex situations."
"The team at Bracewell is excellent to deal with. They're knowledgeable, capable and focused on getting to the right solution for the client."
"Bracewell has a team of professionals focused on the matter at hand."
"The lawyers at Bracewell are extremely competent, knowledgeable and skilled at handling complex situations."
Notable Practitioners
William Wood is highlighted by the market for his skills in handling bankruptcy-related work in the energy sector. He is held in high regard for his expert representation of debtors, creditors and committees. He chairs the firm's financial restructuring department.
"Trey is a great lawyer. In negotiations he is able to come to consensus with strategy and approach."
"Trey doesn't lose focus and continues to follow up on a matter until its conclusion. He keeps his eye on the ball."