Bryan Cave Combines with Berwin Leighton Paisner to Form Bryan Cave Leighton Paisner LLP Learn More

Companies facing insolvency issues arising out of the energy and natural resources sector turn to Bryan Cave Leighton Paisner for capable and experienced counsel. The attorneys in Bryan Cave Leighton Paisner’s Bankruptcy, Restructuring and Creditors’ Rights Client Service Group are located and practice throughout the United States, as well as in the United Kingdom and China, and provide a range of business-advisory and crisis-management skills, including insightful and practical guidance to parties in situations where companies face the risks and implications of insolvency. Members of Bryan Cave Leighton Paisner’s restructuring practice have long been known for their creative problem-solving abilities, responsiveness and networks with financial institutions, restructuring advisors and other attorneys. The combination of these resources allows us to develop the most appropriate business solutions based upon our clients’ needs and goals. We have the ability and experience to resolve, promptly and cost-effectively, novel and difficult legal issues in energy and natural resource-related restructurings, out-of-court workouts, Chapter 11 reorganizations, distressed sales, litigation matters and other insolvency proceedings.

Representative Energy and Natural Resources Experience

  • Represented numerous exploration and production companies in Section 363 bids and negotiations.
  • Represented an oil and natural gas company based in Denver as plan sponsor in connection with the Chapter 11 reorganization in Delaware Bankruptcy Court of Delta Petroleum Corporation, also an oil and natural gas company. Both companies contributed all of their oil and gas assets (with an aggregate value of approximately $700 million) to a new company, which is managed by our client. The transaction was financed in part by a $400 million revolving credit facility. Bryan Cave Leighton Paisner served as the lead transaction and bankruptcy counsel, heading negotiations with the opposing bankruptcy counsel, counsel for creditors’ committee and bondholders and for the lender.
  • Represented a coal-mining company as debtors in their Chapter 11 cases in the Eastern District of Missouri. The engagement included a contested motion to reject a collective bargaining agreement and to modify retiree obligations, as well as confirmation of a plan of reorganization.
  • Represented a coal-mining company as a creditor in the Chapter 11 case of a coal company in the Eastern District of Virginia.
  • Represent a coal-mining and processing company as debtors in their Chapter 11 cases in the Eastern District of Missouri. The engagement, which is ongoing, has so far included a contested motion involving debtor-in-possession financing.
  • Represent a financial institution as the agent for the debtors’ $2.8 billion first-lien credit facility and their $500 million post-petition credit facility.
  • Represented a company which provides premium coiled tubing as corporate/deal counsel through a Chapter 11 sale process.
  • Retained by financial institution as indenture trustee in anticipation of defaults and/or restructurings by petroleum, energy, oil and natural gas companies.

  • Represented the CFO and key supplier in the Chapter 11 cases of leading natural gas storage company valued at over $750 million.

  • Represented a former owner of uranium mines and uranium mill in the restructuring of mining property and uranium mill permitting and bonding arrangements in connection with bankruptcy sale of mines and mill by Energy Fuels to Denison, including release of mill bond liability by NRC.

  • Represent Canadian issuer of bonds as U.S. mining counsel in Cline Mining bankruptcy currently pending in Denver bankruptcy court.

  • Represented international gold mining company in the workout and successful restructuring of an Australian subsidiary’s multiple-counterparty metal and currency hedge book and bond tender, including advice in connection with bankruptcy proceedings in Australia.

  • Representation of copper producer in workout and pre-bankruptcy planning relating to copper and interest rate hedging transactions entered into in connection with project financing of Utah copper mine.