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A top-notch restructuring group, capable of handling the biggest and the most difficult restructuring from either company side or creditors’ side.
- Chambers USA, Band 1 Bankruptcy/Restructuring (Nationwide and NY)
Extraction Oil & Gas Obtains Confirmation of Reorganization Plan
- Client News
- December 22, 2020
Paul, Weiss is advising an ad hoc group of unsecured noteholders in the prearranged chapter 11 restructuring of Extraction Oil & Gas, Inc., one of the largest oil and gas exploration and production companies in the Rocky Mountain region. The company obtained approval of its plan for reorganization in the U.S. Bankruptcy Court for the District of Delaware on December 22. The company filed for chapter 11 protection on June 14, citing its $1.7 billion debt burden.
The Paul, Weiss team includes, among others, restructuring partners Andrew Rosenberg and Alice Eaton; tax partner Robert Holo; corporate partners David Huntington and Jeffrey Marell and counsel Ji Lu and Jason Tyler; litigation partner William Clareman; real estate partner Peter Fisch; and antitrust counsel Yuni Sobel and Marta Kelly.