Skip to content
Katherine Drell Grissel
Katherine Drell Grissel
Senior Associate — Restructuring & Reorganization
Senior Associate — Restructuring & Reorganization

Katherine Drell Grissel

Katherine Drell Grissel

Trammell Crow Center
2001 Ross Avenue
Suite 3900
Dallas, Texas 75201

Katherine Drell Grissel

Experience Highlights

  • Rockall Energy and its subsidiaries in a chapter 11 sales process in which substantially all of the company’s operating assets were sold to Formentera Partners Fund I, LP pursuant to a prepackaged chapter 11 plan with a dual-track sale and back-stop equitization process that was confirmed within 83 days of commencing the chapter 11 cases

  • (11th Cir.) – Assisted litigation team in obtaining favorable ruling for client reversing prior lower court rulings in favor of United Mine Workers of America that all Coal Act liabilities had been discharged in prior bankruptcy

  • Navistar, Inc., a manufacturer of international-branded trucks and diesel engines, in the defense of fraudulent transfer litigation brought by the Plan Trustee of the Liquidating Trust of Tango Transport LLC

  • JPMorgan Chase Bank in the chapter 11 case of Chaparral Energy, an oil and natural gas exploration and production company, filed in Delaware

  • A 200-store retail grocery chain as debtor in chapter 11; confirmed plan of reorganization; disputed claims litigation and appeals

  • Lack’s Stores, Incorporated and affiliates as debtors in a chapter 11 case filed in Houston, Texas;  at time of case filing, Lack’s operated 36 retail stores in 26 Texas cities; worked with Lack’s to conduct an orderly wind down of its business operations; all creditor claims paid in full with a return to equity holders under a confirmed plan

  • A municipal hospital district as debtor in a chapter 9 municipal bankruptcy; confirmed plan of adjustment (540 B.R. 229)

  • A DIP lender, operator, and new equity owner of a restaurant chain; confirmed plan of reorganization

  • A bar association entity as amicus curiae on briefing in support of a petition for certiorari and on the merits on a bankruptcy issue before the United States Supreme Court

  • An educational technology company in defense of fraudulent transfer litigation

  • Briefing and advice on jurisdictional issues in bankruptcy litigation

  • A major media company in defense of fraudulent transfer litigation

  • Noteholders in contested chapter 11 proceedings of high-profile debtor entity

  • A privately held family of energy companies against claims of liquidating a trust for bankruptcy

  • Publicly traded marine services company and its affiliates in preparation for their restructuring in chapter 11 proceedings

  • Planning advice to LNG plant operator

  • Advice as to bankruptcy issues relating to potential environmental liabilities

  • Advice as to issues relating to asset purchase relating to bankruptcy case of major airline

  • Advice on restructuring issues with respect to energy contracts


  • Louisiana State University, Paul M. Hebert Law Center, J.D. and B.C.L., 2007 (Order of the Coif; Articles Editor, Louisiana Law Review)
  • Louisiana State University, M.Ed., 2003
  • The University of Texas, B.F.A., Studio Art with high honors, 1998
  • Judicial clerk to The Honorable W. Eugene Davis, U.S. Fifth Circuit Court of Appeals, 2007–2008
  • The Best Lawyers in America© (BL Rankings, LLC), “Ones to Watch,” (Dallas): Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, 2022–2024; Litigation–Bankruptcy, 2023 and 2024
  • Patron Magazine, “Young and Philanthropic of 2013”
  • Selected to the Texas Rising Stars list, Super Lawyers (Thomson Reuters), 2015–2017
  • Romina L. Mulloy-Bossio Achievement Award – Outstanding Young Bankruptcy Lawyer, awarded by the State Bar of Texas, Bankruptcy Law Section, Young Lawyers Committee, 2015
  • Fellow: American Bar Foundation
  • State Bar of Texas, Bankruptcy Law Section, Treasurer (2023-present); Vice President-Business Division (2021–2023); Council Member (2020–present)
  • Member: Advisory Board, Booker T. Washington High School for the Performing and Visual Arts (2013–2022); Executive Board Member (2014–2016), Chair of Student Enrichment Committee HUT Fund Subcommittee (2014–2016), Chair of Student Enrichment Committee (2015–2016), Member of Student Enrichment Committee (2013–present)
  • Steering Committee Chair: Chair Art in the Park, a Project of the Leadership Arts Institute Class of 2012–2013; Member: Business Council for the Arts, Leadership Arts Institute Class of 2012–2013
  • Member: DFW Network of the International Women’s Insolvency & Restructuring Confederation (2008–present), Membership Chair 2013–2014, Network Co-Chair 2011–2013, Social Committee 2010–2011
  • Master: The Honorable John C. Ford American Inn of Court (2011–present)
  • Fellow: The College of the State Bar of Texas (2011–present)
  • Member: Bar Association of the Federal Fifth Circuit; American Bar Association; American Bankruptcy Institute; Turnaround Management Association; Dallas Bar Association
  • Texas
  • The Supreme Court of the United States
  • The United States Court of Appeals for the Fourth and Fifth Circuits
  • The United States District Courts and Bankruptcy Courts for the Northern, Southern, Eastern, and Western Districts of Texas
  • Boy Scouts Ch. 11 Case Highlights Third-Party Release Split,” Law360, September 2022 (co-author)
  • “Third-Party Releases: The Landscape, Where We Stand, and the Path Forward,” State Bar of Texas, Bankruptcy Law Section Webinar, August 30, 2022 (co-author and co-presenter)
  • “Ethics (a Family Affair)—Ethical Issues in Bankruptcy Cases and Proceedings, Including (What We Might Not Think of) Valuation Issues,” 24th Annual LSU Bankruptcy Law Seminar, November 8, 2018 (panelist)
  • Merit Management Group, LP v. FTI Consulting, Inc.: Narrowing the § 546(e) Safe Harbor,” 13 Va. L. Bus. Rev. 19 (2019) (author)
  • “The Supreme Court Is Not Ready To Tell Us When a Trustee or a Debtor-In-Possession Possesses Seventh Amendment Jury Trial Rights in Bankruptcy… Here Is What We Know in the Meantime,” 26 AM. BANKR. INST. L. REV. 333 (2018) (author)
  • “Dealing in Distressed Energy Assets,” 4 LSU J. ENERGY L. & RES. 175 (2016) (co-author)
  • “What You Always Wanted to Know But Were Afraid to Ask,” Starting Out Right CLE Seminar, Judges’ Roundtable, sponsored by the Young Lawyers Committee of the Bankruptcy Section of the State Bar of Texas, November 2015 (panelist and planning committee member)
  • “Analysis of the Supreme Court’s Baker Botts v. ASARCO Decision,” Bankruptcy Law Section, State Bar of Texas telephone CLE, June 24, 2015 (panelist)
  • “Supreme Court Update,” 33rd Annual Jay L. Westbrook Bankruptcy Conference, The University of Texas School of Law, Austin, Texas, November 2014 (author and panelist)
  • “Serving Up Chapter 9 Lone Star Style with a Dash of Detroit,” 32nd Annual Jay L. Westbrook Bankruptcy Conference, The University of Texas School of Law, Austin, Texas, November 2013 (co-author)
  • “Jurisdiction, Withdrawal of the Reference, Removal, Remand, and Lingering Issues after Stern v. Marshall,” Bankruptcy Workshop hosted by the Federal Bar Association, Dallas, Texas, November 19, 2013 (panelist)
  • Stern v. Marshall – Digging for Gold and Shaking the Foundation of Bankruptcy Courts (or Not),” 72 LA. L. REV. 647 (2012) (originally presented to the Dallas Bar Association Bankruptcy and Creditors’ Rights Section, September 7, 2011) (author and panelist)
  • “How to Take an Appeal from a Bankruptcy Court’s Order,” 31st Annual Jay L. Westbrook Bankruptcy Conference, The University of Texas School of Law, Austin, Texas, November 8–9, 2012 (co-author and panelist)
  • “Bankruptcy Jurisdictional Issues and the Effects of Stern v. Marshall on Bankruptcy Courts and Beyond,” Federal Bar Association, November 22, 2011 (author and panelist)
  • “How to Lose (or Keep from Losing) Your Claims, Rights, Lawsuits – Estoppel, Espinosa Revisited, Retention of Causes of Action in Plans,” 17th Annual LSU Bankruptcy Law Seminar, October 21, 2011 (co-author and panelist)
  • “Sticky Chapter 11 Plan Confirmation Issues,” 27th Annual Jay L. Westbrook Bankruptcy Conference, The University of Texas School of Law, November 13–14, 2008 (contributor)
  • “The Legal Fiction of ‘Clear Text’ in Willis-Knighton v. Caddo-Shreveport Sales and Use Tax Commission,” 67 LA. L. REV., 523 (2007) (awarded Henri Capitant Association Award for Best Civil Law Comment, 2007) (author)