Gabriel Morgan is a partner in the Business Finance & Restructuring Department at Weil, Gotshal & Manges LLP. Mr. Morgan’s practice covers all aspects of domestic and international corporate restructuring, including chapter 11 cases, out-of-court restructurings, and distressed lending and M&A. He has experience advising companies, creditors and other stakeholders with respect to transactions in a variety of industries, including shipping, oil & gas, energy, telecommunications, manufacturing, real estate, airline, automotive, and financial services. Mr. Morgan received a B.A. in Psychology from Duke University and a J.D. from the University of Southern California, where he served as Senior Copy Editor for and was published in the Southern California Law Review. He is a regular contributor to the Weil Bankruptcy Blog.
Mr. Morgan’s experience includes advising:
- Counsel to oil & gas exploration and production company in connection with potential restructuring.
- B&G Crane Services, a provider of crane rental and lift solutions servicing the Gulf Coast region of the U.S., in its sale to Maxim Crane Works.
- China Fishery Group, an investment holding company that sources, harvests, onboard processes, and delivers fish worldwide, in its chapter 11 and cross-border restructuring of its approximately $2 billion in debt.
- Memorial Production Partners, an oil and gas master limited partnership in connection with its prearranged chapter 11 cases to restructure approximately $1.8 billion in debt.
- Vantage Drilling Company, an offshore drilling company in connection with its prepackaged chapter 11 cases to restructure approximately $2.7 billion in debt.
- General Electric Capital Company (“G.E.C.C.”), in connection with its exchange of approximately $37.5 billion in bonds.
- Southern Air Holdings Inc., a cargo airline in connection with its prearranged chapter 11 cases to restructure approximately $295 million in secured debt.
- General Growth Properties, Inc., the second-largest owner and operator of shopping malls in the United States, which, despite approximately $27.3 billion in debt, emerged in November 2010 as a public company with a plan that paid creditors in full and returned substantial value to shareholders.
- LandSource Communities, a California-based property developer in connection with the reconciliation and litigation of claims against it following emergence from chapter 11.
- General Motors Corporation, the largest automobile manufacturer in the U.S. and the second largest in the world, and its debtor affiliates, with assets of over $82 billion and liabilities of over $172 billion, in their historical chapter 11 cases, including a 363 sale to an entity owned by the U.S. government.
- Washington Mutual, the parent holding company of Washington Mutual Bank, in connection with its chapter 11 cases.
Creditor/Lender/Sponsor/Other Party Experience:
- Uniti Group, in connection of the representation of an ad hoc committee of first lien lenders in the amendment of the term loan agreement and chapter 11 case of Uniti master lease counterparty, Windstream Holdings.
- Counsel to ad hoc committee of unsecured lenders in connection with a potential restructuring of an oil & gas exploration and production company.
- The Commonwealth of Puerto Rico, in connection with the representation of National Public Finance Guarantee Corporation/MBIA, a leading municipal insurer, in relation to all legal aspects arising from National’s approximately $3.8 billion exposure to the Commonwealth of Puerto Rico and instrumentalities, including representation in the cases commenced under Title III of the Puerto Rico Oversight, Management, and Economic Stability Act by the Commonwealth, Puerto Rico Sales Tax Financing Corporation (a/k/a COFINA), Highway and Transportation Authority, and Puerto Rico Electric Power Authority.
- iHeart Media, in connection with the representation of Thomas H. Lee Partners and Bain Capital, as debt holders and equity sponsors of iHeart Media in its chapter 11 case.
- NCSG Crane & Heavy Haul Corporation, in connection with the representation of Energy Capital Partners and Trive Capital, as majority debt holders of, in NCSG's restructuring.
- Performance Sports Group (“Bauer”), in connection with the representation of an ad hoc committee of first lien lenders, in the chapter 11 cases of Performance Sports Group to restructure approximately $490 million in debt.
- Aspect Software II, in connection with the representation of equity sponsors in the acquisition of reorganized Aspect Software by Vector Capital.
- Aspect Software, in connection with the representation of an ad hoc committee of first and second lien “cross-over” lenders in the prearranged chapter 11 cases of Aspect Software to restructure approximately $800 million in debt.
- Excel Maritime and Nautilus Holdings, in connection with the representation of DVB Bank as bilateral lender to Excel Maritime and Nautilus Holdings in their chapter 11 cases.
- Blitz U.S.A., Inc. (F3 Brands), in connection with the representation of Onex Corporation and acquisition of F3 Brands through a 363 asset sale in the chapter 11 cases of Blitz U.S.A., Inc. (F3 Brands).
- PJ Finance Company, LLC, in connection with the representation of Fortress Investment Group LLC, and the potential equity investment and acquisition through chapter 11 plan in the chapter 11 cases of PJ Finance Company, LLC.
- Dynegy Inc., in connection with the representation of institutional lender regarding $1.1 billion secured loan made in connection with the reorganization of Dynegy prior to the filing of its chapter 11 cases.