experience

Experience

Large U.S. bank to act as trustee for second lien notes in the Chapter 11 of energy company

A large U.S. bank acted as second lien indenture trustee for $934,700,000 principal amount of second lien notes in the Chapter 11 cases of energy company and certain of its affiliates in the United States Bankruptcy Court for the Southern District of Texas. The energy company specialized in oil and gas exploration and production.

Waller represented the second lien indenture trustee through the successful confirmation of the energy company's Chapter 11 plan, where the second lien notes were the fulcrum security, and in post-confirmation litigation related to the second lien noteholders' diminution in value and make-whole premium claims. Waller also advised the bank on financial services issues that arose during the transaction.

Related Experience

Eagle Valley Development asserts damages caused by oil company’s improper fracking

Represented Eagle Valley in the Chapter 11 case of the oil and gas exploration and production company, seeking a setoff for damages to well.

Briscoe Ranch disputes operations, surface rights with bankrupt oil company

Represented Briscoe Ranch, the royalty owner and surface lessor of substantial acreage in Texas, in dispute over operations and preservation of surface rights.

Briscoe Ranch disputes royalties, surface rights with bankrupt oil company

Represented Briscoe Ranch, the royalty owner and surface lessor of substantial acreage, in dispute over payment of royalties and preservation of surface rights.

View More