Unsecured Creditors' Committee Representation

Representing official committees of unsecured creditors is a significant part of Snow Spence Green LLP's practice. Often times in a complex Chapter 11 case, the United States Trustee will appoint an official committee of unsecured creditors. Generally speaking, a committee is charged with (i) consulting with the trustee or debtor-in-possession concerning the administration of the case, (ii) investigating the acts, conduct, management, assets, liabilities, financial condition, and operation of the debtor's business, (iii) participating in the preparation of a plan of reorganization and solicitation of acceptances of a plan, and (iv) the performance of other duties and obligations to protect the interests of holders of unsecured claims.

With court approval, committees are permitted to retain professionals, including attorneys, to assist the committee in performing its obligations. Snow Spence Green LLP has represented and advised numerous creditors' committees, particularly in oil and gas bankruptcy cases. While serving as counsel for the unsecured creditors' committees, the Firm has successfully negotiated and prepared plans of reorganization that have been confirmed and provided a significant return to holders of allowed unsecured claims.

Representative Experience

Examples of the Firm's representation of the official committee of unsecured creditors include:

  • In re Ricochet Energy, Inc. et al., Debtors; Case No. 16-51148-rbk (Jointly Administered); In the United Stated Bankruptcy Court for the Western District of Texas, San Antonio Division. Appointed as counsel for the official unsecured creditors’ committee.

  • In re Arabella Petroleum Co., LLC, Debtor; Case No. 15-70098-RBK-11; In the United States Bankruptcy Court for the Western District of Texas, Midland Division. Appointed as counsel for the official unsecured creditors' committee.
  • In re Republic Resources, LLC; Case No. 15-52637; In the Western District of Texas, San Antonio Division.  Appointed as counsel for the official unsecured creditors’ committee.

  • In re Cook Inlet Energy LLC, et al; Case No. 15-00236 (Jointly Administered); In United States Bankruptcy Court for the District of Alaska. Appointed as counsel for the official unsecured creditors’ committee.
  • In re R. L. Adkins Corp., Debtor; Case No. 11-10241-11-RLJ; In the United States Bankruptcy Court for the Northern District of Texas, Abilene Division.  Appointed as counsel for the official unsecured creditors' committee. 

  • In re Premium Well Drilling, Inc., Debtor; Case No. 10-54062-11-lmc; In the United States Bankruptcy Court for the Western District of Texas, San Antonio Division.  Appointed as counsel for the official unsecured creditors' committee.

  • 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.  Appointed as counsel for the official unsecured creditors' committee.

  • In re MPF Holding US LLC, Debtor; Case No. 08-36084-11; In the United States Bankruptcy Court for the Southern District of Texas, Houston Division.  Appointed as counsel for the official unsecured creditors' committee.

  • In re Tri-Union Development Corporation, Tri-Union Operating Company, Debtors; Case No. 03-44908; In the United States Bankruptcy Court for the Southern District of Texas, Houston Division. Debtor was engaged in oil and gas exploration and production.  Appointed as counsel for the official unsecured creditors' committee.  

  • In re Dunhill Resources, Inc., Debtor; Case No. 03-41264-H1-11; In the United States Bankruptcy Court for the Southern District of Texas, Houston Division.  Debtor was engaged in oil and gas production with liabilities in excess of $36 million, with intra-company claims alone exceeding $31 million, and assets in excess of $7.5 million.  Appointed as counsel for the official unsecured creditors' committee. 

  • 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. Debtor was engaged in oil and gas exploration and production with liabilities in excess of $100 million. Appointed as counsel for the official unsecured creditors' committee.

  • In re Avatex Corporation, Debtor; Case No. 02-81268-SAF-11; In the United States Bankruptcy Court for the Northern District of Texas, Dallas Division. Appointed as counsel for the official unsecured creditors’ committee.

  • In re Tri-Union Development Corp., Debtor; Case No. 00-32498-H4-11; In the United States Bankruptcy Court for the Southern District of Texas, Houston Division. Debtor was engaged in oil and gas exploration and production with asserted liabilities in excess of $121,723,511.87. Appointed as counsel for the official unsecured creditors' committee. 

  • In re Cude Drilling, Inc., Debtor; Case No. 00-53095-C-11; In the United States Bankruptcy Court for the Western District of Texas, San Antonio Division. Debtor was engaged in oil and gas production with liabilities in excess of $7,387,696.48 and assets in excess of $4,530,923.34. Appointed as counsel for the official unsecured creditors' committee. 

  • In re Ponder Industries, Inc., Debtor; Case No. 99-21792-C-11; In the United States Bankruptcy Court for the Southern District of Texas, Corpus Christi Division. Debtor was engaged in the oilfield services business with liabilities in the amount of $18,214,294.12 and assets in excess of $8,561,315.55. Appointed as counsel for the official unsecured creditors' committee. 

  • In re Newstar Energy of Texas, L.L.C., Debtor; Case No. 99-02723; In the United States Bankruptcy Court for the Western District of Michigan, Grand Rapids Division. Debtor was engaged in oil and gas exploration and production with liabilities in the amount of $22,890,666.68 and assets in excess of $1,764,000.00. Appointed as counsel for the official unsecured creditors' committee. 

  • In re Rand Energy Company, Debtor; Case No. 98-80004-SAF-11; In the United States Bankruptcy Court for the Northern District of Texas, Dallas Division. Debtor was engaged in oil and gas production with liabilities in the amount of $106,507,509.49 and assets in the amount of $74,708,282.46. Appointed as counsel for the official unsecured creditors' committee. 

  • In re JMC Avoca, Inc., Et Avoca Company, NGC Storage, Inc. and Avoca Natural Gas Storage, Debtors; Case Nos. 97-1603 thru 97-1606; In the United States Bankruptcy Court for the District of Delaware. Debtors were a partnership formed to build and operate an underground natural gas storage facility in New York with asserted liabilities in the amount of approximately $106,507,509.49.  Appointed counsel for the official unsecured creditors' committee. 

  • In re Gulf Resources Corporation and Mustang Oil & Gas Corporation, Debtors; Case No. 97-56619-C (Jointly Administered); In the United States Bankruptcy Court for the Western District of Texas, San Antonio Division. Debtors were engaged in oil and gas production and exploration with liabilities in the amount of approximately $45,648,869.98 and assets in the amount of $16,939,770.  Appointed as counsel for the official unsecured creditors' committee. 

  • In re Crown Oil, Inc., Debtor; Case No. 97-12016-11; In the United States Bankruptcy Court for the District of Montana. Debtor was engaged in oil and gas production. Appointed counsel for the official unsecured creditors' committee.