Case StudyChief Restructuring Officer
Served as the Chief Restructuring Officer of 4 related oil and gas exploration and production companies. These entities owned leases in the shallow water Gulf of Mexico. Responsibilities included overseeing the day-to-day operations of all of these entities and leading the efforts to reorganize these entities through an out-of-court restructuring process. Additionally, responsibilities included creating and implementing a strategic and financial plan including short-term and long-term financial projections, determining the value of these assets, preparing detailed reports of actual operating and financial results as required by the secured lenders, unsecured creditors and the parent corporation and leading the investigation of fraudulent transfer claims and other potential avoidance actions and assisting the debtors in the development and negotiation of a plan of reorganization for each of these entities with all of the interested parties involved.