Plan of Reorganization Development & Confirmation Related Matters

The plan of reorganization and accompanying disclosure statement is typically the centerpiece of a bankruptcy proceeding. Plans of reorganization are complex and there are a number of requirements under the Bankruptcy Code that govern disclosure statements, plan contents, solicitation, and confirmation of a plan of reorganization. The Firm has been instrumental in negotiating plan provisions which protect its clients' rights in bankruptcy cases and has litigated disclosure statement and plan matters.

Representative Experience

Below is a list of matters in which Snow Spence Green LLP has negotiated, prepared, or participated in the preparation of plans of reorganization and/or participated in the disclosure statement and confirmation hearings on the plan of reorganization:

  • In re R.L. Adkins Corp.; Case No. 11-10241-7; In the Northern District of Texas, Abilene Division. Represented Official Committee of Unsecured Creditors and objected to plan proposed by potential purchaser of debtor’s assets and negotiation numerous revisions to plan and obtained increased distribution to unsecured creditors.

  • In re MPF Holding US LLC, Debtor; Case No. 08-36084; In the United States Bankruptcy Court for the Southern District of Texas, Houston Division. Represented Official Committee of Unsecured Creditors in negotiating plan of liquidation including creation and funding of a Liquidating Trust, then represented Liquidating Trustee.

  • In re Energy Partners, Ltd., Debtor; Case No. 09-32957-11; In the United States Bankruptcy Court for the Southern District of Texas, Houston Division. Represented Official Committee of Unsecured Creditors in negotiating and drafting of plan of reorganization with 100% payout.

  • In re Pacific Energy Resources, Debtor; Case No. 09-10785; In the United States Bankruptcy Court for the District of Delaware. Represented service company lien creditors in connection with objection to disclosure statement and plan.

  • In re Washington Mutual, Inc., Debtor; Case No. 08-12229; In the United States Bankruptcy Court for the District of Delaware. Represented potentially responsible party with respect to an environmental liability in pursuing a plan objection and negotiating a settlement concerning future responsibility for environmental site.

  • In re EnRe, L.P., Debtor; Case No. 02-21354-C-11; In the United States Bankruptcy Court for the Southern District of Texas, Corpus Christi Division. Represented Official Committee of Unsecured Creditors in negotiation and drafting of a competing plan of reorganization. 

  • In re Rand Energy Company, Debtor; Case No. 398-80004-SAF-11; In the United States Bankruptcy Court for the Northern District of Texas, Dallas Division. Represented Official Committee of Unsecured Creditors in drafting, negotiating, soliciting, and confirmation of a joint plan of reorganization with debtor. 

  • In re Retail Concepts, Inc., d/b/a  Sun & Ski Sports, Sun & Ski Sports EXPO, and Sun & Ski Outlet f/k/a Universal Ski & Skate Outlet, Sporthaus Lindner of Aspen, Ski Haus Sports EXPO, Ski Haus Sports, and ESPN X-Games Skatepark, Debtor; Case No. 02-41016-H5-11; In the United States Bankruptcy Court for the Southern District of Texas, Houston Division.  Represented debtor and obtained confirmation of debtor's proposed plan of reorganization.

  • In re Wave Energy, Inc., Debtor, Case No. 09-34577; In the United States Bankruptcy Court for the Southern District of Texas, Houston Division. Represented petitioning creditors in litigation over ownership of working interest and plan negotiations.

  • In re W.R. Grace & Co., etal, Debtors, Case No 01-1139 (Jointly Administered); In the United States Bankruptcy Court for the District of Delaware. Represented Grace Energy Corporation and W.R. Grace in connection with plan negotiations and eventual settlement concerning liability for environmental response costs at a contaminated site.