EXCO Resources, Inc. Capital Restructuring Transactions

Represented EXCO Resources, Inc. with respect to securities and corporate governance matters in a series of capital restructuring transactions, including:

• the issuance of $300 million 8.0% / 11.0% 1.5 Lien Senior Secured PIK Toggle Notes due 2022;

• the exchange of approximately $683 million of outstanding 12.5% Senior Secured Second Lien Term Loans due 2020 for a like amount of new 12.5% 1.75 Lien Term Loans due 2020; and

• the issuance of warrants representing the right to purchase up to an aggregate of 348,935,165 shares of EXCO's common stock.

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