Jackson Walker is partnering with lead counsel Kirkland & Ellis to represent Nautical Solutions, L.L.C. and its debtor affiliate in their Chapter 11 reorganization. On January 8, 2023, Nautical Solutions and its Texas affiliate filed prepackaged Chapter 11 bankruptcy cases in the Southern District of Texas – Houston Division, with estimated assets totaling $500 million to $1 billion.
Based in Louisiana, Nautical Solutions provides vessel support services to offshore drillers in the Gulf of Mexico. The company is a unit of Edison Chouest Offshore, an international marine transportation solution provider.
The Jackson Walker team is led by Matthew D. Cavenaugh, Jennifer F. Wertz, Victoria Argeroplos, Javier Gonzalez, and Beau Butler.
“We are honored to serve as co-counsel in this case,” Matt stated. “We are also excited that Victoria led our involvement during the first day of hearings and was the face of our case in the courtroom. Jackson Walker, more than most large firms, is committed to ensuring its female associates like Victoria take on leadership roles in complex cases. It’s a tangible reflection of our commitment to serving our clients with a diverse legal team.”
“Jackson Walker, more than most large firms, is committed to ensuring its female associates like Victoria take on leadership roles in complex cases. It’s a tangible reflection of our commitment to serving our clients with a diverse legal team.”
The case marks the first complex case filing in the Southern District of Texas in 2023. Notably, this was Judge Chris Lopez’s first complex case assignment since joining the complex panel on January 1, 2023.
Founded in 1887, Jackson Walker has played a vital role in the growth and development of Texas business. With more than 450 attorneys across seven Texas-based offices, we are the largest law firm in the state and have been recognized by Law360 as a “Texas Powerhouse” and an “elite law firm” that regularly provides counsel to industry-leading clients on highly complex transactions. To explore Jackson Walker’s experience representing debtors in seeking bankruptcy protection, visit our Bankruptcy, Restructuring, & Recovery and Debtor Representation practice pages.