• Erickson Inc.

• 11/08/16 Recap: Portland-based aviation services company with ties to the oil and gas and defense industries files for bankruptcy to delever balance sheet pursuant to a prenegotiated bankruptcy agreement with its lenders. The Company seeks a $180mm DIP credit facility (with $60mm of new money) to fund operations over the course of the restructuring.
• Jurisdiction: N.D. of Texas
• Capital Structure: $140mm RCF (Wells Fargo), $355mm '20 senior secured notes (Wilmington Trust)    
• Company Professionals:
  • Legal: Haynes & Boone LLP (Ian Peck, Kenric Kattner, Kourtney Lyda, Eli Columbus, Arsalan Muhammed)
  • Financial Advisor: Alvarez & Marsal LLC (Darrick Martin, Holden Bixler)
  • Investment Banker: Imperial Capital (Chris Shepard)
  • Claims Agent: KCC (*click on company name for docket)
• Other Parties in Interest:
  • Ad Hoc Group of Senior Secured Noteholders
    • Legal: Akin Gump (Scott Alberino, Brad Kahn, Marty Brimmage)
    • Investment Banker: Houlihan (Matthew Neiman, Andrew Morrow, Geoffrey Coutts)
  • DIP Revolving Agent and ABL Agent (Wells Fargo)
    • Legal: Goldberg Kohn Ltd. (Randall Klein) & (local) K&L Gates LLP (David Weitman)
  • DIP Lenders: (Wayzata Investment Partners and MHR)
  • Wilmington Trust
    • Legal: Seyfarth Shaw LLP (Christopher Harney, Bret Harper)

Updated 12/30/16