Jonathan Lozano counsels a wide range of corporate clients on financial restructuring, bankruptcy and insolvency proceedings. He also represents sellers and interested purchasers in distressed asset sales.
Jonathan’s background includes managing large teams of lawyers that provided strategic direction and tactical execution of litigation services to Fortune 500 companies at Integreon. In addition, he served as a law clerk at Texas Rio Grande Legal Aid, Inc., where he worked on the Transgender Legal Defense and Education Fund.
Recent Notable Matters
Wells Fargo Bank, National Association — as lender, administrative agent and collateral agent in the successfully completed exit financing for Diamond Offshore Drilling, Inc. and certain affiliates. The 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.
Cheniere — largest gathering system counter party in the SABINE bankruptcy
Energy & Exploration Partners, LLC — Debtors in Chapter 11 proceedings resulting in the restructuring of more than $1 billion of funded debt enabling the company to emerge from Chapter 11 with a deleveraged balance sheet and new financing to support future operations. The transaction was named by Global M&A Network as the 2017 Turnaround Atlas Awards Turnaround of the Year ($1 billion‐$2 billion) Network.
Linc Energy Ltd. as Australian-based oil, gas, and coal company, and its US subsidiaries — as debtors in the United States subsidiaries
Optim Energy, LLC — debtor in Chapter 11 proceedings, including the successful 363 sale of the Twin Oaks Plant to a unit of Blackstone Group and the confirmation of a plan of reorganization for the debtors’ other remaining power generation business
Overseas Shipholding, Group — represented ad hoc committee of bondholders in rights offering
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 — debtors in Chapter 11 proceedings in the U.S. Bankruptcy Court for the Western District of Texas
Venoco, LLC — Debtors in Chapter 11 proceedings to restructure their capital structure by obtaining confirmation of a place of reorganization just four months after filing for bankruptcy. The M&A Advisor recognized this transaction as the Turnaround Awards 2017 Energy Deal of the Year (over $100 million to $500 million). Due to unforeseeable operational issues, Venoco filed a second Chapter 11 proceeding in April 2017 in which brokered settlements with several holders of decommissions claims, led to a consensual Chapter 11 plan that was confirmed in May 2018. Prior to the Chapter 11 filings, the company was advised in a series of strategic transactions that were recognized as the 2015 Turnaround Awards Out-of-Court Restructuring Deal of the Way (over $500 million).
Publications and Speeches
“Avoiding Subordination of Secured Debt After TPC Decision,” Law360, July 19, 2022.