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Manufacturing & Distribution
Arandell Corp Emerges from Bankruptcy with $31M Sale to Saothair Capital Partners
Arandell Corp Emerges from Bankruptcy with $31M Sale to Saothair Capital Partners

100-year-old commercial catalog printer, the third largest in the U.S., with revenues exceeding $80MM and pre-petition loan and lease obligations of $50MM. The company ran into setbacks related to the…Read More

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Real Estate
Former 110-acre Motorola Site Sold in Chapter 11 Bankruptcy Auction During Pandemic
Former 110-acre Motorola Site Sold in Chapter 11 Bankruptcy Auction During Pandemic

Motorola’s 110-acre campus located six miles from downtown Austin and near Austin Bergstrom International Airport was largely abandoned and sat stagnant for more than a decade prior to purchase by…Read More

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Energy Real Estate
Guided Offshore E&P Company Through Successful Exit from Bankruptcy as Chief Restructuring Officer
Guided Offshore E&P Company Through Successful Exit from Bankruptcy as Chief Restructuring Officer

A member of Harney Partners (Greg Milligan) was appointed as Chief Restructuring Officer of Galveston Bay Properties, LLC, an E&P company with approximately 20,000 acres under lease from the State of Texas…Read More

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Restaurants, Hospitality & Leisure Retail & Consumer Products
Celis Brewery Completes Recapitalization Through Successful Chapter 11
Celis Brewery Completes Recapitalization Through Successful Chapter 11

Celis Brewery, the original craft brewer in Austin, Texas, was founded in 1991. After a sale to Miller Brewing Company in the mid ’90s, the company shut down and was…Read More

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Restaurants, Hospitality & Leisure
Harney Helps to Pioneer Unique Benefits of New Bankruptcy Rules for Serial Entrepreneur
Harney Helps to Pioneer Unique Benefits of New Bankruptcy Rules for Serial Entrepreneur

Harney Partners was retained by serial entrepreneur who was facing the triggering of large personal guarantees on real estate leases and mortgages related to a chain of dine-in movie theaters…Read More

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Energy
Facilitated Successful Reorganization Through Chapter 11 and 363 Sale Process
Facilitated Successful Reorganization Through Chapter 11 and 363 Sale Process

The Debtor was an Exploration & Production (E&P) company with drilling activity and 100+ well production in New Mexico (Delaware Basin) and Oklahoma. The investor group terminated the management team…Read More

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Manufacturing & Distribution
Helped company obtain financing, reorganize and re-hire workers
Helped company obtain financing, reorganize and re-hire workers

A manufacturer of pulp, paper and related products was struggling as they navigated increased competition and falling paper prices​

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Retail & Consumer Products
Recovered ~25% for unsecured creditors with potential for additional distributions from earn-out provisions from the sale​
Recovered ~25% for unsecured creditors with potential for additional distributions from earn-out provisions from the sale​

Team Express Distributing, LLC, an e-commerce retailer of sporting goods, filed for chapter 11 bankruptcy protection in the Western District of Texas following a severe liquidity challenge following the failed…Read More

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Energy
Managed the orderly wind-down via Chapter 11 proceeding
Managed the orderly wind-down via Chapter 11 proceeding

This oilfield services company designed and produced a nanotechnology ceramic proppant used in oil and gas “fracking” but the operations never achieved sufficient volume and economies of scale to reach…Read More

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