W. Steven Bryant

Steven Bryant's bankruptcy and restructuring experience spans a broad range of industries. Board Certified in Business Bankruptcy Law by the Texas Board of Legal Specialization, he has represented both corporate debtors as well as secured and unsecured creditors in complex business bankruptcy cases across the United States. Steven also represents plaintiffs and defendants in bankruptcy-related litigation.

• Represented the International Brotherhood of Electrical Workers Local Union 1245 as its bankruptcy counsel in In re PG&E Corp., et al., Case No. 19-30088, which is pending in the Northern District of California. The IBEW represents thousands of PG&E employees and contractors and is a member of the Official Committee of Unsecured Creditors of PG&E. The PG&E Chapter 11 cases are among the largest and most complex Chapter 11 cases ever filed in the United States.
• Represented Texas Pellets, Inc. and German Pellets Texas, LLC as bankruptcy counsel in In re Texas Pellets, Inc., Case No. 16-90126, in the Eastern District of Texas. After holding a competitive auction, the Debtors sold one of the largest wood-pellet manufacturing facilities in the United States in June 2019. The Debtors then confirmed their joint Chapter 11 plan in September 2019 and successfully reorganized after more than three years in bankruptcy.
• Represented a private purchaser of lien claims in the Chapter 11 cases In re M & G USA Corp., Case No. 17-12307, in the District of Delaware. The client purchased several million in claims in these cases in 2018 and subsequently settled those claims.
• Served as co-counsel to the exit financier in the Chapter 11 case In re SH130 Concession Co., LLC, Case No. 16-10262, in the Western District of Texas. The financier provided over $200 million in exit financing to the debtor, a toll-road operator located near Austin, Texas. With these funds, the debtors confirmed a Chapter 11 plan in May 2017 and restructured over $1 billion in prepetition debt.
• Represented a buyer (backed by private equity) in In GreenHunter Resources, Inc., Case No. 16-40956, in the Northern District of Texas. The debtors were oil-field services companies with several million in secured debt. The client prevailed at an open auction, and the bankruptcy court approved the sale.
• Represented the Official Unsecured Creditors’ Committee in the Chapter 11 case In re University General Health System, Inc., et al., Case No. 15-31086, in the Southern District of Texas. With the Committee’s assistance, the debtors, who owned a large, Texas-based hospital system, sold their assets for $33,000,000 and confirmed a Chapter 11 liquidating plan.
• Represented major energy companies in multiple oil and gas bankruptcy cases, including SemCrude, ATP Oil and Gas, Delta Petroleum, Tri-Union, and Capco, Inc.
• Structured complex commercial transactions (such as syndicated loans and finance leases) and negotiated multi-party agreements inside and outside of bankruptcy (including senior- and mezzanine-side intercreditor agreements).
• Represented clients in numerous bankruptcy-related lawsuits, including adversary proceedings alleging preferences, fraudulent transfers, and violations of the Real Estate Settlement Procedures Act (RESPA) and the Fair Debt Collection Practices Act (FDCPA).