Representative Matters and Results
The sale of a dormant oil and gas refinery for $16 million was made through a contested Chapter 11 plan, which was appealed to the 5th Circuit Court of Appeals. As a result of the sale, creditors were paid 100% of their claims, with a substantial return to equity holders.
In re: Notre Dame Investors, Inc. Case No. 05-80141
United States Bankruptcy Court, Western District of Texas-San Antonio Division
Appointed by the Bankruptcy Court to serve as a Liquidating Trustee – to manage the sale of assets and operate restaurants, resulting in a return to creditors of over 50% of their claims.
In re: Riostar Corporation and Ninfa’s Inc. 96-49441-H4-1 United States Bankruptcy Court for the Southern District of Texas, Houston Division.
Representation of Purchasers – of oil and gas-producing properties from Chapter 7 Trustee.
Successfully Confirmed several contested Chapter 11 Plans for businesses and individuals, including a steel fabrication business. In re Elite Precision Fabricators, Inc. 14-31773 United States Bankruptcy Court for the Southern District of Texas, Houston Division.
Represented secured creditors – negotiate favorable payment terms under a Sub-Chapter V Reorganization Plan for Small Businesses.
Represented Business Owners – in discharging personal guarantees in Chapter 7 cases.