Overview
Tad is co-leader of the firm’s Bankruptcy/Restructuring practice group. Chambers USA quotes clients who say, “He is a remarkable strategist who can take a complicated problem and create smart solutions.” His practice includes representing parties in out-of-court and bankruptcy court financial restructurings. These clients include private-equity firms, hedge funds, secured lenders, investors, debtors, unsecured creditors, boards of directors and various official and ad hoc committees in matters across the country.
Tad's practice also includes structuring distressed acquisition, financing and real estate transactions, as well as advising clients on insolvency and counter-party risks related to mergers, acquisitions and general corporate transactions.
Experience
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In re The Container Store Group, Inc., et al., No. 24-90627 (Bankr. S.D. Tex.) – Co-counsel for company, retailer of custom spaces, organizing solutions, and in-home services, in connection with its prepackaged chapter 11 restructuring of approximately $88 million in debt.
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In re RobertShaw Corporation, et al., co-counsel for the Chapter 11 Debtors (Southern District of Texas).
- In re ConvergeOne Holdings Inc. et al., co-counsel for private equity sponsor and lender (Southern District of Texas).
- In re View Inc., counsel for prepetition and DIP lender and plan proponent (District of Delaware).
- In re Diamond Sports Group, LLC, et al., co-counsel for ad hoc group of senior secured lenders owed in excess of $600 million (Southern District of Texas).
- In re Envision Healthcare Corp., et al., co-counsel for bank agent for senior secured loan in the amount of approximately $600 million (Southern District of Texas).
- In re Monitronics International, Inc., et al., co-counsel for Chapter 11 debtors in their second Chapter 11 case, a case with a prepackaged plan of reorganization confirmed in less than 45 days that eliminated $700 million in funded debt (Southern District of Texas).
- In re Center for Autism and Related Disorders, LLC, et al., co-counsel for agent for senior secured loan in the amount of approximately $300 million, including $50 million DIP loan (Southern District of Texas).
- In re Talen Energy Supply, LLC., et al., co-counsel for electricity and natural gas utility defendant in $900 million fraudulent transfer lawsuit (Southern District of Texas).
- In re Compute North Holdings Inc., et al., co-counsel to secured lender to bitcoin mining company (Southern District of Texas).
- In re Limetree Bay Refining, Inc., et al., lead counsel to non-debtor terminals business (Southern District of Texas).
- In re Brazos Electric Power Cooperative, Inc., lead counsel to purchaser of gas claim in claim objection litigation (Southern District of Texas).
- In re Buzzard Bench, LLC, et al.,lead counsel for prepetition secured lender, DIP lender and plan sponsor for debt-to-equity conversion plan of reorganization of borrowers with gas producing properties Utah (Southern District of Texas).
- In re Remora Petroleum LP, et al., lead counsel for Chapter 11 debtors oil and gas exploration and production company with non-operated and operated oil and properties in multiple states with approximately $60 million in first and second lien debt (Southern District of Texas).
- In re Hi Crush, Inc., et al., co-counsel for Chapter 11 debtors, provider of frac sand and logistics services for hydraulic fracturing operations, with approximately $700 million in debt (Southern District of Texas).
- In re Dean Foods Company, et al., lead counsel for national supermarket chains (Southern District of Texas).
- In re Lonestar Resources US Inc., et al., co-counsel for Chapter 11 debtors, oil and gas exploration and production company with property in Eagle Ford shale region in South Texas, with approximately $530 million in funded debt (Southern District of Texas).
- In re J.C. Penny Company, Inc., et al. co-counsel for the section 363 purchasers of substantially all of the debtors’ assets (Southern District of Texas).
- In re EdgeMarc Energy Holdings, LLC, et al., lead counsel for prepetition bank agent, DIP lender and purchaser of gas producing properties in the Marcellus shale formation (District of Delaware).
- In re Weatherford International plc, et al., co-counsel for Chapter 11 debtors, global oilfield service company with approximately $8.6 billion of bond debt (Southern District of Texas).
- In re Monitronics International, Inc., et al., co-counsel for Chapter 11 debtors, operator of Brinks Home Security with approximately $1.9 billion of bank and bond debt (Southern District of Texas).
- In re Falcon V, LLC and ORX Resources, LLC, lead counsel for prepetition lender, DIP lender and plan sponsor in debt-to-equity conversion plan of reorganization (Middle District of Louisiana).
- In re iHeart Media, et al., co-counsel for indenture trustee and plaintiff in lien litigation (Southern District of Texas).
- In re Emerge Energy Services LP, et al., lead counsel for private equity sponsor and plan support agreement party in frac sand company debt-to-equity conversion plan of reorganization (District of Delaware).
- In re NorthStar Offshore Group, LLC, et al., lead counsel for DIP lender and “stalking horse” bidder (Southern District of Texas).
- In re Charming Charlie Holdings, Inc., lead counsel for former founder/owners (District of Delaware).
- In re Archer Limited, lead counsel for foreign representative of Archer Limited in Chapter 15 proceeding seeking recognition of proceeding in Bermuda and enforcement of scheme of arrangement in United States (Southern District of Texas).
- In re Stone Energy Corporation, et al., In re Vanguard Natural Resources, LLC, et al. and Tidewater Inc., et al., counsel for the independent directors of the board of directors (Southern District of Texas and District of Delaware).
- In re Illinois Power Generating Company (GENCO), co-counsel for Chapter 11 debtor, owner of power plants in Illinois with approximately $825 million of bond debt (Southern District of Texas).
- In re Atinum MidCon I, LLC, lead counsel for Chapter 11 debtor, owner of non-operated oil and gas interests with approximately $365 million of bank debt (Southern District of Texas).
- In re Warren Resources, Inc., et al., lead counsel for Chapter 11 debtors, oil and gas exploration and production company with approximately $500 million of debt (Southern District of Texas).
- In re Miller Energy Resources, Inc., et al., lead counsel for Chapter 11 debtors, oil and gas exploration and production company with over $230 million of debt (District of Alaska).
- In re American Eagle Energy Corporation, lead counsel for ad hoc group of senior secured noteholders in Chapter 11 bankruptcy of oil and gas exploration and production company (District of Colorado).
- In re Winland Ocean Shipping Corp., et al., lead counsel for senior secured lender owed approximately $30 million in Chapter 11 bankruptcy of Chinese shipping company (Southern District of Texas).
- In re Buccaneer Resources, LLC, et al, counsel for chair of official committee of unsecured creditors and member of post-confirmation committee (Southern District of Texas).
- In re Gulfco Holding Co., lead counsel for senior secured lender owed approximately $40 million (District of Delaware).
- In re GMX Resources Inc., et al., lead counsel for Chapter 11 debtors, oil and gas exploration and production company with over $500 million of debt (Western District of Oklahoma).
- In re H&M Oil & Gas, LLC, et al., lead counsel for senior secured lender owed approximately $90 million in oil and gas exploration and production company Chapter 11 bankruptcy (Northern District of Texas).
- In re Omega Navigation, Inc., et al., lead counsel for senior secured bank group owed approximately $250 million in Greek petrochemical shipping company Chapter 11 bankruptcy (Southern District of Texas).
- Dune Energy Inc., represented oil and gas exploration and production company in out of court balance sheet restructuring which included Chapter 11 prepackaged plan.
- In re Energy Partners Limited, represented official committee of equity holders in pre-negotiated Chapter 11 bankruptcy of oil and gas exploration and production company (Southern District of Texas).
- In re Reveille Resources (Texas), Inc., lead counsel for substantial working interest owner and creditor in independent oil and gas exploration and production company Chapter 11 bankruptcy (Southern District of Texas).
- In re Johnson Broadcasting, Inc., et al., lead counsel for Chapter 11 debtors (Southern District of Texas).
- In re Bigler, LP, represented purchaser of petrochemical plant and related facilities (Southern District of Texas).
- In re Oceanaire Restaurants, represented purchaser of substantially all of the debtors’ restaurant assets (Northern District of Texas).
- In re CryptoMetrics, Inc., lead counsel for senior secured creditor/purchaser of biometric security assets (Western District of Texas).
- In re Superior Offshore, represented official committee of equity holders (Southern District of Texas).
- In re Branta Production Company LLC, lead counsel for senior secured lender owed approximately $10 million in oil and gas exploration and production company Chapter 7 (Southern District of Texas).
- In re Vision Source, LP, represented significant party in interest/contract counterparty (District of Delaware).
- In re Ausam Energy Corporation, lead counsel for senior secured creditor (Southern District of Texas).
- In re LandAmerica Financial Group, represented multiple creditors and customers (Eastern District of Virginia).
- In re Adelphia Communications Corp., represented ad hoc committee of senior preferred shareholders (Southern District of New York).
- In re Philip Services Corp., represented official committee of unsecured creditors (Southern District of Texas).
- In re Calpine, represented multiple creditors and contract counterparties (Southern District New York).
- In re Sterling Chemicals, represented debtor (Southern District of Texas).
- Represent a number of lenders and mezzanine lenders in single asset real estate cases (Southern District of Texas).
Accolades
Honors & Recognitions
- Recommended for Restructuring (including Bankruptcy): Corporate, Legal 500 United States, 2020-2024
- Recognized as a Leader in Bankruptcy/Restructuring, Texas, Band 2, Chambers USA, 2016-2024
- Selected as a Best Lawyer for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, Texas, The Best Lawyers in America, 2020-2024
- Recognized as an Up-and-Coming Lawyer in Bankruptcy/Restructuring, Texas, Chambers USA, 2014-2015
- Who’s Who in Law, Bankruptcy, Houston Business Journal (2015)
- Recognized as one of Houston’s Top Lawyers, H Texas Magazine (2011)
- Recognized as one of Houston’s Top Bankruptcy and Workout Lawyers, H Texas Magazine (2010)
- Recognized as a Texas Rising Star, Super Lawyers by Thomson Reuters (published in Texas Monthly) (2005, 2007-2011)
Affiliations
Professional
- Bar Association of the Fifth Federal Circuit (BAFFC)
- Turnaround Management Association, Texas (Houston) Chapter, Board of Directors 2012, 2013, 2014, 2015
- Houston Bankruptcy Bar Association
- American Bankruptcy Institute
- Houston Bar Foundation (charitable arm of the HBA)
- Houston Bar Association Oil, Gas & Mineral Law Section
Insights
Legal Updates
- 13 Minute ReadLegal Update
- 4 Minute ReadAugust 21, 2024Legal Update
- 10 Minute ReadJune 28, 2024Legal Update
- July 10, 2020Legal Update
- 10 Minute ReadMarch 26, 2020Legal Update
- 4 Minute ReadMarch 17, 2020Legal Update
- 15 Minute ReadJune 18, 2014Legal Update
- 3 Minute ReadJune 11, 2014Legal Update
Events & Speaking Engagements
- Guest lecturer – Rice University: Jones Graduate School of Business - Advanced Financial Restructuring (Spring 2017)
- Speaker – "Primer on Oil & Gas Concepts and Terms," 2016 Texas State Bar Advanced Business Bankruptcy Course (June 23, 2016)
- Served on the Planning Committee for the State Bar of Texas, Advanced Business Bankruptcy Course and co-author of “Make-Whole Provisions in Chapter 11” (February 20, 2014)
- Speaker – "Energy Industry Update," 20th Annual Distressed Investing Conference (December 2, 2013)
- 2022-2023EventLawyer CoachRestructuring Professional Testimony Workshop, Turnaround Management Association – Education Subcommittee
- November 17, 2023Event
- February 28, 2023EventSpeakerHow the market values and trades insolvent and defaulted borrower debt throughout the bankruptcy process, Presentation to Moller-Foltz Inn of Court
- October 2022EventSpeakerOil and Gas Tools in the Toolbox, American Bankruptcy Institute/Midwest Bankruptcy Institute
- November 13, 2020Event
- Spring 2017EventGuest lecturerRice University, Jones Graduate School of Business - Advanced Financial Restructuring
- June 23, 2016EventSpeakerPrimer on Oil & Gas Concepts and Terms, 2016 Texas State Bar Advanced Business Bankruptcy Course
- February 20, 2014EventServed on the Planning Committee for the State Bar of Texas, Advanced Business Bankruptcy Course and co-author of “Make-Whole Provisions in Chapter 11”
- December 2, 2013EventSpeakerEnergy Industry Update, 20th Annual Distressed Investing Conference
Publications
- April 2023Publication
- August 10, 2020Publication
- June 11, 2020Publication
- September 21, 2018Publication
- 1 Minute ReadApril 2018Publication
- April 2014Publication
News
- March 10, 2025Media Mention
- February 26, 2025Media Mention
- 2 Minute ReadJanuary 28, 2025News
- January 6, 2024Media Mention
- 17 Minute ReadNews
- Media Mention
- Media Mention
- 7 Minute ReadJune 12, 2024News
- 6 Minute ReadJune 6, 2024News
- 18 Minute ReadAugust 21, 2023News
- 7 Minute ReadJune 8, 2023News
- 6 Minute ReadJune 1, 2023News
- 2 Minute ReadJanuary 25, 2023News
- 2022Media Mention
- 16 Minute ReadAugust 18, 2022News
- July 26, 2022Media Mention
- 6 Minute ReadJune 9, 2022News
- 6 Minute ReadJune 1, 2022News
- 2 Minute ReadJanuary 20, 2022News
- 13 Minute ReadAugust 24, 2021News
- 2 Minute ReadAugust 3, 2021News
- 6 Minute ReadJune 10, 2021News
- 6 Minute ReadMay 25, 2021News
- 1 Minute ReadMarch 11, 2021News
- 1 Minute ReadDecember 7, 2020News
- November 16, 2020Media Mention
- October 13, 2020Media MentionQuoted, Growing Corporate Bankruptcies Hit Houston, Troubled Company Reporter
- 1 Minute ReadOctober 1, 2020News
- 1 Minute ReadAugust 13, 2020News
- July 24, 2020Media Mention
- 1 Minute ReadJuly 13, 2020News
- 1 Minute ReadJune 30, 2020News
- 6 Minute ReadJune 12, 2020News
- 5 Minute ReadApril 27, 2020News
- January 28, 2020Media Mention
- October 15, 2019Media Mention
- September 17, 2019Media Mention
- September 12, 2019Media Mention
- 8 Minute ReadAugust 15, 2019News
- 1 Minute ReadJuly 2, 2019News
- 4 Minute ReadApril 25, 2019News
- 8 Minute ReadAugust 15, 2018News
- 4 Minute ReadMay 16, 2018News
- March 21, 2018News
- 2 Minute ReadMay 30, 2017News
- 2 Minute ReadMay 27, 2016News
- February 18, 2016Media MentionQuoted, Offshore Drillers Poised to Relive 1980s Nightmares, Real Money
- 2 Minute ReadMay 19, 2015News
- 2 Minute ReadMay 23, 2014News
JD, Emory University School of Law, Notes and Comments Editor, Emory University Bankruptcy Developments Journal, 1999
BA, University of South Carolina, cum laude, 1994
Texas
US District Court, Southern District of Texas
US District Court, Western District of Texas
US District Court, Northern District of Texas
US District Court, Eastern District of Texas
US Court of Appeals, Third Circuit
US Court of Appeals, Fifth Circuit
Areas of Focus
- Bankruptcy, Restructuring and Creditors’ Rights
- Banking and Finance
- Blockchain and Digital Assets
- Lending Services
- Corporate Governance and Board Advisory
- Energy
- Private Equity
- Real Estate, Development and Finance
- Finance and Restructuring
- Distressed CRE Debt Acquisitions, Financings and Asset Management
- Distressed Real Estate Litigation and Restructuring
- Financial Services