Experience Details

Representation: SemGroup
Participating Attorneys: Elkin, Judith, Vilardo, Joseph A.
Services: Bankruptcy and Business Restructuring, Indenture Trustees, Successor Trustees and Secured Creditors, Companies Facing Environmental Challenges, Restructuring, Workouts, and Recapitalizations, Energy and Petrochemical Industry, Cross-Border and International Insolvencies, Energy, Oil and Gas Exploration and Production, Refining, Processing, Storage and Marketing, Energy Finance
Description: Represent Calyon (now known as Credit Agricole Corporate and Investment Bank) as a secured lender and potential DIP lender to various SemGroup entities. SemGroup is a multi-billion dollar global distributor and transporter of oil and gas and asphalt. SemGroup and several of its subsidiaries are in Chapter 11. Calyon is also a secured lender to other SemGroup entities that are not currently in bankruptcy.