IFLR1000

Harvey Gulf Chapter 11 restructuring

24/5/2018
Chapter 11 - US Bankruptcy Code
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Announced

24/5/2018

Overview:

  • Harvey Gulf has had its final plan for Chapter 11 reorganisation approved.
  • The provided credit facility for Harvey Gulf's restructuring totaled $1.2 billion.
  • Harvey Gulf filed for Chapter 11 in March 2018. 
  • The supporting lenders hold over 75% of the loans.
  • Harvey Gulf is the provider of support services for New Orleans oil and gas exploration.

Katrin Kostadinova - Data analyst

Jurisdiction:

United States

Deal type:

Chapter 11 - US Bankruptcy Code

Practice area:

Restructuring and insolvency

Governing law:

United States

Industry sector:

Oil and gas

Firm:

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