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Turnarounds & Workouts (Beard Group, Inc.) Recognizes V&E Among “Successful Restructurings”

Turnarounds & Workouts (T&W) has recognized Vinson & Elkins in its list of Successful Restructurings of 2016. V&E was recognized as counsel to the debtor, for its work on behalf of Energy XXI, an independent oil and natural gas development and production company.

Per T&W, “Energy XXI was the first [offshore E&P company] to successfully reorganize its balance sheet in the recent wave of oil and gas restructurings – a noteworthy accomplishment given the unique challenges such companies face in reorganizing and the low probability of success similarly situated companies have historically achieved in Chapter 11.” V&E attorneys recognized for their representation of Energy XXI were partners Harry Perrin and David Meyer and associates Jessica Peet and Lauren Kanzer.

Beard Group, Inc., is a law and business publisher founded in 1986. In addition to T&W, publications include Troubled Company Reporter, Class Action Reporter and Troubled Company Prospector.

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