Bankruptcy and Business Restructuring

Haynes and Boone's Bankruptcy and Business Restructuring Practice Group has launched a new blog, Oil Patch Bankruptcy, to provide information on key issues and developments in the bankruptcy and restructuring industry.


Successfully navigating distressed situations requires lawyers who know the law and understand business.

The Bankruptcy and Business Restructuring Practice Group at Haynes and Boone has long been recognized as one of a handful of teams in the nation fully equipped to handle the largest and most complex out-of-court financial restructurings and Chapter 11 reorganization cases.

Our clients, whether debtors, creditors, lenders, equity security holders or agent banks, rely on our significant experience, skill and deep bench. With partners and counsel that have been practicing for 25 years or more, on average, and a dedicated team of well-trained associates, we have the knowledge, experience, and skills to tackle our clients’ toughest problems.

We have handled matters across a wide variety of industries, and our lawyers are adept at learning the “ins-and-outs” of our clients’ businesses. In fact, Chambers USA, Chambers & Partners, reported that our lawyers “consistently become experts on the matters they are handling, and their work product is flawless.” For example, in the oil and gas space, our clients are expertly represented by our deep understanding of both their day-to-day operational and financial issues and the economic and political trends that affect their businesses.

Not surprisingly, our lawyers have developed excellent reputations in the nation’s busiest bankruptcy jurisdictions, including New York, Delaware, Texas and Colorado. As trusted legal and business advisors, we know how to accomplish our clients’ goals in and out of the courtroom.

Our experience includes:

  • Advising boards of directors of distressed and failing companies
  • Serving as counsel to debtors, creditor committees, senior debt holders, portfolio companies, subordinated debt holders, ad hoc groups of creditors and equity security holders
  • Advising sellers and buyers in distressed mergers and acquisitions
  • Representing key suppliers, landlords and tenants of distressed retail and manufacturing companies
  • Representing banks as agents for syndicates, both secured and unsecured
  • Representing parties with significant claims against debtors in bankruptcy
  • Defending parties facing significant litigation claims brought by bankruptcy trustees and creditors
  • Representing corporate clients in transactions and litigation with financial distressed counterparties
  • Advising parties in connection with cross-border workout and restructuring matters, particularly in Mexico

Industry Experience

Our lawyers have represented clients in matters involving many different industries, including:

  • Automotive
  • Aviation and airline
  • Communications and media
  • Construction and home building
  • Oil, gas, alternative energy, and utilities
  • Gaming
  • Government contracting
  • Financial services and insurance
  • Food distribution
  • Franchise
  • Healthcare
  • Hospitality and lodging
  • Manufacturing
  • Pharmaceuticals
  • Real Estate
  • Retail
  • Sports and entertainment
  • Telecommunications
  • Technology
  • Transportation

Newsroom

Bankruptcy

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View the Haynes and Boone Oil Patch Bankruptcy Monitor – Updated May 16, 2016.


Haynes and Boone has tracked 77 North American oil and gas producers that have filed for bankruptcy since the beginning of 2015. These bankruptcies, including Chapter 7, Chapter 11, Chapter 15 and Canadian cases, involve approximately $51.9 billion in cumulative secured and unsecured debt. As of May 16, 2016, 35 producers have filed bankruptcy so far this year. Industry and economic indicators suggest more producer bankruptcy filings will occur during 2016. With the slump in commodity prices persisting, the lawyers of Haynes and Boone’s Energy and Bankruptcy Practice Groups are closely following recent industry developments.

Bankruptcy

Haynes and Boone Advises Forest Park Medical Center at Southlake in Bankruptcy Sale

Haynes and Boone Advises Forest Park Medical Center at Southlake in Bankruptcy Sale

A team of Haynes and Boone, LLP lawyers represented Forest Park Medical Center at Southlake in its sale through Chapter 11 to the Methodist Health System, creating a multi-specialty hospital renamed Methodist Southlake Hospital.

Energy Bankruptcy

E&P Top 10

E&P Top 10 Bankruptcy Cases

Haynes and Boone, LLP lawyers from the firm's Energy and Bankruptcy Practices have compiled a list of the top 10 energy bankruptcy cases filed since the beginning of 2015, totaling approximately $16.1 billion in debt.

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