Houston oil and gas explorer Halcón Resources filed for Chapter 11 bankruptcy a second time – and went with the same law firm it did the last go around. Claire Poole has the names.
Houston Chronicle: Weatherford files for bankruptcy protection
The oilfield services company reported to the bankruptcy court in Houston that it had as much as $10 billion in liabilities, including $7.5 billion in unsecured bond debt.
DBJ: DFW company files for bankruptcy, aims to eliminate nearly $900M in debt
Monitronics International Inc. said Monday it had filed and that it hoped to emerge from bankruptcy within about 75 days.
DBJ: Exco Resources to Emerge from Bankruptcy in ‘Coming Weeks’ After Court Reorgnization
The Dallas oil and natural gas company expects to complete the financial restructuring process in the coming weeks. Exco will reduce its leverage by more than $1.1 billion.
Updated – Shearman Adds Restructuring Pro from Baker Botts
Prior to joining Shearman, Lucky McDowell practiced for his entire 17-year career at Baker Botts.

Adeptus GC Tim Mueller: IPO, Bankruptcy, Private Equity in Three Years
Adeptus Health General Counsel Tim Mueller has seen good times and bad times. During a three-year period, Adeptus experienced wild expansion, did an IPO, had its market cap hit $1 billion, filed for bankruptcy and restructured with a new plan for steady growth. Through it all, Mueller’s legal counsel has been both sound and poised. The Lawbook has the story.
Frisco tech firm files for bankruptcy, owes up to $50M
Frisco’s Skinny IT – once a rising star in North Texas – has filed for bankruptcy, the Dallas Business Journal reports.
O&G Bankruptcies Fall Nearly 40 Percent
A Haynes and Boone study shows that North American oil and gas bankruptcies fell to just 43 filings in 2018, down from 70 in the prior year. The Houston Chronicle’s Jordan Blum explains.
Dallas Bankruptcy Law Firm Adds Named Partner
The Law Offices of Judith W. Ross, a bankruptcy law firm in Dallas, has announced that Frances A. Smith has joined the firm as a named partner. The new firm will be called Ross & Smith, PC.
DBJ: DFW’s largest bankruptcies of 2018 include taco chain, energy firm
Taco Bueno’s bankruptcy may have been one of the most notable in North Texas during 2018, but it wasn’t the biggest.
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