HVI Cat Canyon Inc.

The firm represented the creditors' committee in the chapter 11 bankruptcy case of HVI Cat Canyon, an oil company that owned and operated hundreds of wells in central and southern California. Due to the mismanagement of prior principals, a chapter 11 trustee was appointed in the case. PSZJ worked closely with the trustee and his professionals to ensure that the interests of unsecured creditors were well represented. Ultimately, a sale was approved and substantially all of the estate’s assets will be sold as a going concern along with the assumption of substantial plugging and abandonment liability.

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