June 7, 2023

Volume XIII, Number 158


Robert Grattan

Robert Grattan’s practice focuses on litigation and trials. He advises clients on a range of matters, including finance, bankruptcy, mergers and acquisitions, and energy transactions.

Prior to joining Bracewell, Robert worked as a journalist.

Recent Notable Matters

Bank of Oklahoma Financial, N.A. — Chapter 11 restructuring of Unit Corporation, which included the implementation of a DIP facility and ultimately led to a consensual plan of reorganization with Bank of Oklahoma serving as exit facility agent, administrative agent and prepetition senior RBL lender

Echo Energy Partners I, LLC — Chapter 11 bankruptcy case, whereby it sold substantially all of its SCOOP/Stack assets to HPS Investment Partners LLC via section 363 for approximately $32.96 million, as debtor

Eni Petroleum — potential legacy decommissioning liabilities of up to $110 million as a result of Fieldwood’s proposed abandonment of certain assets in its Chapter 11 plan of reorganization, which resulted in securing a settlement including a lump sum payment, a cap on Eni’s potential decommissioning liability and payment of legal fees

Colorado Third Street, LLC — single asset real estate Chapter 11 case WC 4th and Colorado, LP (a property in downtown Austin, Texas held at the time of filing by World Class Capital), that ultimately led to the lifting of the automatic stay and a foreclosure sale under state law, resulting in a successful credit bid for the debtor’s property

Wells Fargo Bank, N.A. — Chapter 11 bankruptcy case and successful reorganization of Diamond Offshore Drilling, Inc. and certain of its affiliates. The plan of reorganization and exit financing included approximately $400 million in a revolving credit facility, $100 million in a term loan and over $85 million in privately placed notes, as administrative agent and RBL Lenders

Wells Fargo Bank, N.A. — Chapter 11 cases of Extraction Oil & Gas, Inc., including implementing a $125 million superpriority senior secured debtor in possession credit facility and providing an exit facility upon emergence, as administrative agent under a $1.5 billion secured prepetition revolving facility

Rockies Express Pipeline LLC — contract rejection claim with potential exposure of approximately $800 million in connection with the Gulfport Energy Corp. Chapter 11 restructuring, which resulted in an consensual resolution following actions before both the bankruptcy court and regulators.

Articles in the National Law Review database by Robert Grattan