U.S. Concrete

The firm served as co-counsel to the debtors in the chapter 11 cases of U.S. Concrete and 44 of its affiliates. The debtors are a major producer of ready-mixed concrete, precast concrete products, and concrete-related products, employing 2,100 people in over 140 locations. An agreement was reached that significantly deleveraged the debtors’ balance sheet-including satisfaction in full of the existing secured facility and equitization of the outstanding bonds-and provided for a full recovery to unsecured trade creditors.