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June 14, 2017
Restructuring of Pacific Exploration & Production Corp. named Corporate/Strategic Deal of the Year at the 2017 International M&A Awards


The restructuring of Pacific Exploration & Production Corp. was selected as the Corporate/Strategic Deal of the Year (over $1 billion) at the 9th Annual International M&A Awards. This complex restructuring involved insolvency proceedings in three jurisdictions internationally, and resulted in a massive deleveraging of Pacific Exploration & Production Corp.’s balance sheet. Curtis represented Lazard Ltd., which advised Pacific Exploration & Production Corp. as its investment banker on strategic alternatives for the restructuring of certain debt obligations.

Restructuring and Insolvency co-chair Steven J. Reisman led the Curtis team representing Lazard, with support from partners Theresa A. Foudy and Cindi M. Giglio.

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