New Filing - Shoreline Energy LLC
Shoreline Energy LLC
- 11/02/16 Recap: Privately-owned Gulf of Mexico and Louisiana focused energy and exploration company files for bankruptcy backed by a $50mm DIP from Morgan Stanley Energy Capital (of which $32mm represents a rollup) and an RSA to sell the company to an affiliate of Highbridge Capital LLC, a second lien lender.
- Jurisdiction: S.D. of Texas
- Capital Structure: $150mm RBL (Morgan Stanley), $160mm second lien TL, $71mm unsecured note (Sankaty Advisors LLC)
- Company Professionals:
- Legal: Jones Day (Thomas Howley, Paul Green, Jonathan Fisher, Cassie Suttle) & (conflicts counsel) Jackson & Walker LLP (Patricia Tomasco)
- Financial Advisor: Imperial Capital LLC (Robert Warshauer, Justin Byrne, Kyle Anderson, John Radigan)
- Claims Agent: Prime Clerk (*click on company name for docket)
- Other Parties in Interest:
- DIP Lender: Morgan Stanley Energy Capital
- Legal: Simpson Thacher (Nicholas Baker)
- Financial Advisors: FTI Consulting
- Second Lien Lender: Highbridge Capital/HPS Investment Partners LLC
- Legal: Vinson & Elkins (William Wallander, Bradley Foxman, Reese O'Connor)
- Unsecured Creditors' Committee
- Legal: Arent Fox LLP (Robert Hirsh, George Angelich, Jordana Renert) & (local) Royston Rayzor Vickery & Williams LLP (Kevin Walters, Eugene Barr)
- Financial Advisor: Conway MacKenzie LLC (John Young)
- DIP Lender: Morgan Stanley Energy Capital
Updated 12/30/17