by Jack M. Tracy II
Debtwire’s Head of Legal Analysis Jack Tracy, along with Legal Analysts Richard Goldman and Paul Gunther, recently sat down to record episode two of their podcast series and discuss some of the more notable issues concerning today’s highest-profile Chapter 11 cases. In this episode, the legal team tackles Delaware Judge Mary Walrath’s approval of third-party releases proposed under Homer City Generation’s Chapter 11 plan, GSO Partners’ attempt to recoup a substantial contribution administrative expense claim against LINN Energy’s bankruptcy estate, the potential fallout from the Fifth Circuit Bankruptcy Appellate Panel’s dismissal of an ad hoc crossholder committee’s appeal of Peabody Energy’s USD 1.5bn new money restructuring transactions and why the date of Ultra Petroleum’s disclosure statement order carried a USD 300m price tag.
CLICK HERE for the Debtwire Podcast.
Jack is a former practicing restructuring attorney. Prior to joining Debtwire, Jack practiced in the New York offices of Akin Gump Strauss Hauer & Feld LLP and Willkie Farr & Gallagher LLP. He has represented debtors, official committees and ad hoc groups in several high-profile restructurings.
Any opinion, analysis or information provided in this article is not intended, nor should be construed, as legal advice, including, but not limited to, investment advice as defined by the Investment Company Act of 1940. Debtwire does not provide any legal advice and subscribers should consult with their own legal counsel for matters requiring legal advice.