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About Jonathan

Jonathan Lozano counsels a wide range of corporate debtors and creditors in all phases of bankruptcy and insolvency proceedings, as well as out-of-court workouts. He also represents sellers and interested purchasers in distressed asset sales and 363 sales in complex Chapter 11 cases. Jonathan currently serves as chair of the Events and Planning Committee of the Central Texas Chapter of Turnaround Management Association.

Prior to joining Bracewell, Jonathan clerked at Texas RioGrande Legal Aid, Inc. and the Transgender Legal Defense and Education Fund.


Recent Notable Matters

Avaya, Inc. — local counsel to an ad hoc group of creditors in the prepackaged chapter 11 bankruptcy of Avaya and its affiliated debtors

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

"Mallinckrodt Ruling Holds Creditor Lessons For IP Sellers," Law360, January 17, 2023.

"Avoiding Subordination of Secured Debt After TPC Decision," Law360, July 19, 2022.



New York University School of Law,
The University of Texas at Austin,
magna cum laude

Bar Admissions

New York




Turnaround Management Association, Central Texas Chapter
Events and Planning Committee Chair