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October 14th, 2016
Curtis Represented Wilmington Trust, N.A. in Chapter 11 Cases of Quicksilver Resources


Curtis represented Wilmington Trust, N.A., (“Wilmington Trust”), in connection with the Chapter 11 cases of Quicksilver Resources Inc., (“Quicksilver”), an independent oil and gas company engaged in the acquisition, exploration, development, and production of onshore oil and natural gas in North America.  On March 17, 2015, Quicksilver and certain of its affiliates filed Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware before Judge Laurie S. Silverstein.

Wilmington Trust serves as Successor Indenture Trustee for certain unsecured 7 1/8% Senior Subordinated Notes Due 2016 and is a member of the Official Committee of Unsecured Creditors (the “Committee”).

Throughout the course of the Quicksilver cases, Curtis has vigilantly protected the Noteholders’ interests by submitting a proof of claim, reviewing and commenting on draft pleadings of the Committee before filing on the docket, attending meetings with the Committee, Debtors, and their professional advisors, and attending hearings before Judge Silverstein in an effort to maximize value for the Noteholders. On August 16, 2016, the Bankruptcy Court entered an Order confirming Quicksilver’s First Amended Joint Chapter 11 Plan of Liquidation.

The Curtis team working on this engagement includes Restructuring and Insolvency Partner Steven J. Reisman, Restructuring and Insolvency Litigation Partner Theresa A. Foudy, Litigation Counsel Gabriel Hertzberg, Restructuring and Insolvency Counsel James V. Drew and Litigation Associate Michael P. Jones.

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