Chapter 11 Bankruptcy – Official Unsecured Creditor Committee

Recently, Mr. Young was appointed as counsel for the Official Unsecured Creditor Committee in a Chapter 11 bankruptcy filed by a multi-faceted oil and gas maintenance and installation company. The company has multiple operations in several states. The oil and gas company filed for bankruptcy relief in the United States Bankruptcy Court and is in the process of reorganization. The details of the debtor’s holdings are complex and involved and the case touches on matters involving real estate acquisition and holdings, equipment and revenue derived from natural resources. Mr. Young currently serves as counsel in evaluating the likelihood of success of the company, managing the needs and goals of the unsecured creditors, considering the potential for actions during the course of the proceedings, and is overseeing the activities of the debtor to accomplish the goals of his clients.