Back To Financial Advisory Case Study Financial Advisory El Paso Refinery, L.P. THE FIRE Failed $250 million petrochemical refinery. Millions in cost over-runs. Failed Chapter 11 and case converted to Chapter 7. THE RESCUE Hired by Chapter 7 Trustee to lead the wind-down of the business affairs of this publicly traded, master limited partnership. Provided the Chapter 7 Trustee with business advice and had responsibility for over $4 million in cash. Took control of, managed and recovered diverse assets of the estate, including supervising the debtor’s remaining employees. Named Interim President of debtor’s non-bankrupt subsidiary. Successfully marketed and sold assets, including the operating subsidiary for $16 million. THE RESULT After significant litigation and recoveries, unsecured creditors received full payment on account of their claims.