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Energy XXI & its Affiliates

//Energy XXI & its Affiliates

Energy XXI & its Affiliates

Members of the Firm were co-counsel to the Official Committee Unsecured Creditors in the Chapter 11 Reorganization of Energy XXI, whose restructuring was nationally recognized as the winner of the 2017 Atlas Corporate Turnaround of the Year (Large Market Segment – $2.5 – $5 Billion)

On June 11, 2016, the official committee of unsecured creditors in the bankruptcy case of Energy XXI & its Affiliates, lead case number 16-31928, pending in the United States Bankruptcy Court for the Southern District of Texas, was authorized to retain Heller Draper and Latham and Watkins, LLP as its co-counsel. The Committee also selected FTI Consulting, Inc. as its financial advisor.

On December 30, 2016, Energy XXI & its Affiliates successfully emerged from chapter 11 and the plan of reorganization went effective.

2018-12-26T20:02:33+00:00News|