El Paso Refinery, L.P.
Failed $250 million petrochemical refinery.
Millions in cost over-runs.
Failed Chapter 11 and case converted to Chapter 7.
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.
After significant litigation and recoveries, unsecured creditors received full payment on account of their claims.