Less than a week after Baker Botts saw a former energy industry restructuring client retain a rival for its second bankruptcy filing in six months, the firm picked up a lead Chapter 11 role for Seventy Seven Energy Inc. on its bankruptcy case.
Oklahoma City-based Seventy Seven, which provides servicing and equipment for oil drilling rigs and hydraulic fracturing, listed debts of $1.73 billion against assets of $1.78 billion, according to the company’s Chapter 11 petition in a bankruptcy court in Wilmington, Delaware.
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