Jason Cohen represents corporate debtors and senior and junior secured creditors in all phases of corporate debt restructurings, including negotiating out-of-court workouts and litigating in-court Chapter 11 bankruptcy cases with assets ranging from $20 million to more than $1 billion. Jason also advises parties on debt and equity financing, as well as asset sales.
Prior to joining Bracewell, Jason served as a law clerk to the Honorable Marvin Isgur of the United States Bankruptcy Court for the Southern District of Texas. Jason has received numerous recognitions for outstanding representation of clients, and most recently was named a Rising Star in Restructuring and Insolvency (IFLR1000 Financial & Corporate and M&A Guide, 2016-2022) and one of the “Best Lawyers in America: Bankruptcy and Creditor Debtor Rights” (BL Rankings, Best Lawyers, 2019-2022).
Recent Notable Matters
Wells Fargo Bank, N.A. — as administrative agent for the RBL Lenders in the Chapter 11 bankruptcy case and successful reorganization of Diamond Offshore Drilling, Inc. and certain of its affiliates. The plan of reorganization and exit financing included approximately $400 million in a revolving credit facility, $100 million in a term loan and over $85 million in privately placed notes.
Crédit Agricole Corporate and Investment Bank — as agent to the lenders in the $2.44 billion letter of credit facility and approximately $544 million in funded debt for McDermott International in the successfully completed emergence from bankruptcy
Wells Fargo Bank, N.A. — as administrative agent for the first lien lender group in the Alta Mesa Chapter 11 bankruptcy case
Alliance of American Football (AAF) — represented developmental professional football league in its out of court restructuring efforts and ultimate liquidation through a Chapter 7 bankruptcy proceeding in the United States Bankruptcy Court for the Western District of Texas, San Antonio Division
Deep Marine Technology Inc — as counsel to the debtor, owner of offshore vessels for use in oil and gas transportation
Energy & Exploration Partners, LLC and its affiliates — Chapter 11 bankruptcy cases in the U.S. Bankruptcy Court for the Northern District of Texas
Linc Energy Ltd. as Australian-based oil, gas, and coal company, and its US subsidiaries — as debtors in the United States subsidiaries
Omega Navigation — a NASDAQ-traded company, which wholly owns eight tankers that transport refined petroleum products, chemicals and other liquids worldwide
TMT Procurement Corporation and 20 TMT-affiliated entities — a Taiwanese shipping group providing worldwide sea-borne transportation services employing a diversified and modern fleet of 16 vessels, in its chapter 11 proceedings
Trinity River Resources, LP — as debtor in its Chapter 11 bankruptcy case in Austin, Texas
Crédit Agricole — $2.8 billion financing facility in prepackaged Chapter 11 restructuring transaction for McDermott International, as agent to revolving debtor-in-possession (DIP) lenders
Publications and Speeches
“I Scream, You Scream, We All Scream at Preference Claims,” ABA Business Law Today, October 2, 2018
“US Workers Struggle Even as Prices Rebound,” CCTV America, July 21, 2016.
“A&D Buyside,” Oil & Gas Investor, May 1, 2016.
“As US Shale Drillers Suffer, Even the Bankrupt Keep Pumping Oil,” Reuters, April 1, 2016.
“‘Shale-ionaires’ Suffering from Wave of Bankrupt Oil Drillers,” Bloomberg News, May 20, 2015.
“Bankrupt TMT Can Seek Release Of Creditor-Seized Ships,” Law360, December 6, 2013.
“TMT Creditor Seeks Bankruptcy Court's Nod To Sell Ship,” Law360, November 26, 2013.
“Bankrupt TMT Dodges Creditors' Bad Faith Complaints,” Law360, July 22, 2013.
“Tide Gas Wins Bid To Halt $120M Arcapita Claim Fight,” Law360, July 18, 2013.
“Ship Seizures Push TMT Group Into Bankruptcy,” Law360, June 21, 2013.
“Creditor Calls for Bankruptcy Trustee for Arcapita Unit,” Reuters, March 13, 2013.
“Natural Gas Co. Wants Trustee For Arcapita Subsidiary,” Law360, March 11, 2013.
“Deep Marine Technology,” Turnaround Management Association Houston Chapter, February 1, 2012.