Menu

Attorneys

Practices

Seventy Seven Energy Inc.

The firm was co-counsel to the term loan lenders group in the chapter 11 prepackaged bankruptcy of Seventy Seven Energy, an oil-field services provider. Seventy Seven Energy filed for bankruptcy protection in June 2016 with debt of more than $1 billion. The company’s reorganization plan was confirmed by the U.S. Bankruptcy Court for the District of Delaware in less than two months after the bankruptcy filing. The reorganization plan effectuated a balance sheet restructuring that resulted in a conversion of approximately $1.1 billion of prepetition debt into equity.

Our website uses cookies to enhance site navigation, analyze site usage, and assist in our marketing efforts. By continuing to browse this website, you agree to our Privacy Policy.