Creditors and debtors turn to Porter Hedges for resolving problems creatively, effectively, and efficiently. We excel at reorganizations, both out of court and in Chapter 11 cases, and we have handled restructurings for financially distressed enterprises and for healthy companies seeking to recapitalize or restructure their organization and finances. We represent debtors, creditors, trustees, creditors' committees, institutional lenders, and investors in out-of-court debt restructurings, acquisitions and financings, and Chapters 7, 9, and 11 bankruptcies throughout the U.S.

In 2019, Chambers USA named Porter Hedges “Bankruptcy Firm of the Year” in Texas.

Areas of Focus

  • Creditor and Committee Representation
  • Debtor Representation
  • Restructuring and Workouts
  • §363 Asset Purchase and Sale
  • Debtor-in-Possession Financing
  • General Bankruptcy Litigation
  • Trustee Representation

Our attorneys provide experienced guidance in assessing all stakeholder interests, including creditors who want their claims protected or paid promptly and debtors who want to remain viable for the company, its creditors, and its employees. While a consensual resolution is always the desired resolution, when that option is not workable, our lawyers are well prepared to litigate and have substantial litigation experience in bankruptcy courts, federal district courts, and federal appellate courts.

Oil and Gas Focus

Whether as debtor's counsel, lead counsel for creditors, or as local counsel for global firms, our team has particular experience with the restructuring of oil and gas companies. We advise clients on many of the issues specific to energy including:

  • Payment Assurance
  • Contract and Claim Analysis
  • Review of Counterparty Agreements
  • Asset Purchase and Sale
  • Payment of Invoices Under Common “Critical Vendor” Orders
  • Assumption of Contracts and Cure of Defaults
  • Mechanic and Materialman (M&M) Liens and Related Financing

Related Practices



  • Epic Companies, LLC
  • Alta Mesa Resources, Inc.
  • PetroQuest Energy, Inc.
  • Neighbors Health System, LLC
  • Geokinetics, Inc.
  • Emas Chiyoda Subsea, Ltd.
  • U.S. Well Services, LLC
  • Carbon Creek Energy, LLC
  • Milagro Exploration, LLC 

  • Spectrawatt, Inc.
  • Stone Energy Corporation

  • UGHS Senior Living, Inc.

  • University General Health System, Inc.

  • Bigler, L.P.

  • Bison Building Materials, LLC

  • Community Health Computing Corp.

  • Continental Airlines, Inc. (Continental I)

  • Contour Energy Co.

  • Diabetes America, Inc.

  • Doctors Hospital 1997 LP

  • Eagle Geophysical, Inc.

  • Easy Gardener Products Ltd.

  • Equalnet Communications Corp.

  • General Homes Corporation (I and II)

  • KiOR, Inc.

  • Netversant Solutions, LLC

  • Philip Services Corporation

  • Southwest Grain Co.
  • Superior Offshore International, Inc.

  • TransCom USA Management, Inc.

  • Texas Development Investors, Ltd.


  • Cobalt International Energy, Inc.
  • Energy XXI
  • Ultra Petroleum Corp.
  • Vanguard Natural Resources, Inc.
  • Black Elk Energy Offshore Operations, LLC
  • Calpine Corporation
  • Chaparral Energy, Inc.
  • Dune Energy, Inc.
  • Energy & Exploration Partners, Inc.
  • Enron Corporation
  • Freedom Pipeline, LLC
  • HGIM Holdings, LLC
  • Humble Surgical Hospital, LLC
  • Lyondell Chemical Company
  • Magnum Hunter Resources Corporation
  • Mirant Corporation
  • MSB Energy, Inc.
  • New Gulf Resources, LLC
  • Palm Energy Partners, LLC
  • Pisces Energy, LLC
  • Quicksilver Resources Inc.
  • RAAM Global Energy Company
  • Reichmann Petroleum Corp.
  • Ryckman Creek Resources, LLC
  • Samson Resources Corporation
  • Siempre Energy, LLC
  • SunEdison Inc.

Secured Creditor and Lender

  • Toys ‘R’ Us, Inc. (DIP Trustee Counsel)
  • A&B Valve and Piping Systems, LLC
  • All American Oil and Gas
  • Erin Energy Corporation
  • Castex Energy Partners, L.P.
  • Ignite Restaurant Group, Inc.
  • LINN Energy, Inc.
  • Admiral Bay Resources, Inc.
  • Admiral Bay (USA), Inc.
  • Alliance Energy Corporation
  • BPI Energy, Inc.
  • Crutcher-Tufts Resources, L.P.
  • Buccaneer Resources, LLC
  • Delta CBM Holdings LLC
  • Dunhill Resources, Inc.
  • EnDevCo Eureka, LLC
  • Goldking Holdings, LLC
  • Irvine Energy PLC
  • Rancher Energy Corp.
  • Resource Technology Corporation
  • Star Resources, Inc.
  • TEC Resources LLC
  • Two Oaks Exploration and Production Company, LLC

Ad Hoc and Official Committee

  • Legacy Reserves, Inc.
  • Westmoreland Coal Company
  • Vanguard Natural Resources (Vanguard II)
  • Jones Energy, Inc.
  • Gastar Exploration Inc.
  • Ultra Petroleum Corp.
  • GenOn Energy Inc.
  • LINN Energy, Inc.
  • Seadrill Limited
  • Linc Energy USA, GP
  • Vanguard Natural Resources (Vanguard I)

  • Montco Offshore, Inc.

  • ATP Oil & Gas Corporation

  • Breitburn Energy Partners L.P.

  • Fayetteville-Floyd Gas Company, Inc.

  • Sabine Oil & Gas Corporation

  • Tekoil & Gas Corporation

Out-of-Court Workouts

  • U.S. Well Services, LLC
  • Carrizo Oil & Gas, Inc.
  • Cygnus Oil & Gas Corp.
  • Exterra Energy, Inc.
  • MSB Energy, Inc.
  • Sequent Energy Management
  • Star of Texas Energy Services, Inc.
  • Striker Petroleum, LLC
  • Other non-public and/or private transactions

Asset Purchasers

  • Alpha Natural Resources
  • Buccaneer Resources, LLC
  • Calpine Corporation
  • Crusader Energy Group Inc.
  • Dune Energy, Inc.
  • Edge Petroleum Corporation
  • Encompass Services Corp.
  • Enron Corporation
  • Texas Pellets, Inc.
  • Vantage Energy, LLC
  • Mirant Corporation
  • Osage Exploration and Development Inc.
  • Transcoastal Marine Service, Inc.
  • TIC United Corp.

Defense of Officers and Directors

  • Energy XXI

  • Dune Energy, Inc.

  • American Smelting and Refining Company LLC (ASARCO)

  • Lyondell Chemical Company




Media Mentions