Jan M. Hayden

Represented the Debtor in Possession engaged in the oilfield service industry in connection with the successful reorganization of $60 million in debt.

Represented 30 nursing home entities throughout the United States in confirming a plan within excess of $85 million of claims.

Recently represented the Unsecured Creditors' Committee in a restructure of more than $230 million in debt of 14 debtors in the oilfield service industry and successfully doubled the recovery of unsecured creditors.

Represented several debtors in possession in numerous apartment complex cases for properties located in Louisiana and Texas.

Represented the Senior Lender and DIP Lender in the successful representation of an oil and gas production company.

Represented the trustee, creditors and equity interests in various nursing home matters, including a multi-state matter pending in the Western District of Louisiana involving more than 30 debtors.

Represented various purchasers of assets through 363 sales and plans of reorganization including the acquisition of a world-famous restaurant in the French Quarter.

Represented the unsecured creditors committee in the Knight Energy Holdings bankruptcy proceeding involving more than $250 million in defaulted debt. Negotiated with the debtor, old equity and the secured lender to secure 2.5 times the initial offer made to the unsecured creditors.

Represented an oil and gas exploration company, which was also a debtor-in-possession, in a Chapter 11 bankruptcy proceeding. In under six months, the debtor was able to confirm a consensual plan that converted its debt to equity, and the debtor emerged as an operating entity. The matter represents one of the few instances in which an oil and gas exploration company successfully confirmed a restructuring plan in a tightened economic climate.

Represented two creditors holding a secured claim and a priority claim, respectively, totaling $8.8 million in a construction company's Chapter 11 proceeding.

Represented a third-party bidder in connection with an 11 USC 363 bid for 13 offshore jack-up drilling rigs. The initial stalking horse bid was $19,430,000, and the ultimate successful bid by the stalking horse bidder was $23,690,000, resulting in a realization of an additional $4,260,000 for the bankruptcy estate.

Represented an oil and gas company in its capacity as liquidating trustee in the Virgin Oil Liquidating Trust bankruptcy proceedings. Achieved the tentative settlement of disputes in multi-party litigation and mediation arising out of the liquidation of the bankrupt oil company's $5 million in assets, including the resolution of competing interests of the government's requirements for abandoned oil and gas assets and those of creditors seeking at least a minimal distribution.

Successfully prosecuted the contested application of an advisory firm serving the energy sector for compensation in excess of $1 million under Section 328 from attack by a secured lender. The attack represented an effort to set aside statutory protection for professionals. A loss would have resulted in significant upheaval of the law governing compensation for professionals in bankruptcy proceedings.

Represented equity holders who personally guaranteed more than $20 million in obligations of several well service companies undergoing Chapter 11 reorganization. Resolved all the individuals' financial exposure via workout arrangements and sales, without the need to seek bankruptcy relief.