Jessica Liou

Biography

Jessica Liou
Jessica Liou is a partner in the Firm’s Business Finance & Restructuring Department. Ms. Liou represents and advises debtors, creditors, equity holders, investors, and other interested parties in all aspects of distressed and insolvency situations. She has advised debtors, creditors and sponsors in various industries, including power, oil & gas, renewable energy, manufacturing, hospitality, retail and telecommunications.

Ms. Liou is one of the editors of the Weil Bankruptcy Blog, has served on the Firm’s task force focused on Dodd-Frank financial legislation, and practices pro bono in the areas of family law and criminal appeals, where she successfully argued before the New York State Appellate Division to uphold an order of protection and was part of a team that successfully overturned a death penalty conviction for a mentally impaired defendant after 19 years. She has been recognized for her pro bono contributions by Sanctuary for Families Center for Battered Women’s Legal Services as a recipient of its 2012 Pro Bono Achievement Award.

Ms. Liou earned her J.D. from Boston College Law School, where she served as a legal writing teaching assistant and articles editor of the Third World Law Journal and was awarded the inaugural Commitment to Change Award. She obtained her B.A. from New York University, where she graduated magna cum laude and was awarded the Albert Gallatin Scholarship and Founder’s Day Award.

Ms. Liou’s experience includes advising:

Company-side Experience:

  • PG&E Corporation and Pacific Gas and Electric Company, one of the largest combined natural gas and electric energy companies in the United States and the largest utility company in the State of California, in their chapter 11 cases. PG&E has approximately 16,000,000 customers, 24,000 employees and estimated liabilities (including contingent and disputed liabilities) in excess of $50 billion.
  • Sears Holdings Corporation and its affiliated debtors, being one of the largest retailers in the world in connection with their chapter 11 cases, which represent one of the largest retail chapter 11 cases in history.
  • Catalina Marketing Corporation, a digital media marketing company, in its chapter 11 cases with liabilities in excess of $1.8 billion.
  • Fieldwood Energy LLC, a Gulf of Mexico offshore energy exploration and production company, in connection with its chapter 11 cases.
  • Westinghouse Electric Company LLC, a globally recognized nuclear power company, in its unprecedented chapter 11 cases involving liabilities in excess of $9 billion.
  • Claire’s Stores, Inc., one of the nation’s largest retailers with more than 4,000 owned and franchised locations globally, in its prearranged chapter 11 cases restructuring more than $2 billion in funded debt.
  • Basic Energy Services, Inc., one of the nation’s largest oilfield services companies, in their prepackaged restructuring cases involving more than $1.1 billion in funded debt obligations.
  • Paragon Offshore plc, an offshore drilling company, in its chapter 11 cases.
  • Essar Steel Algoma Inc. and certain of its affiliates, in connection with the restructuring and refinancing of their $1.2 billion capital structure. Essar Steel Algoma is one of the largest integrated steel manufacturers in North America and is a portfolio company of the multi-billion dollar Essar Group Fund Limited.
  • Endeavour International Corporation, Texas-based exploration and production company [focused in the Gulf of Mexico and the North Sea], in its sale of its North Sea assets to its existing lenders in connection with a structured dismissal of its chapter 11 cases.
  • Extended Stay Inc., the largest owner of mid-priced extended stay hotels, and its debtor affiliates in one of the largest chapter 11 cases in the commercial mortgage-backed securities (“CMBS”) market.
  • AES Eastern Energy LP and certain of its affiliates, coal-fired power plants in their chapter 11 cases.
  • NTK Holdings and its affiliates, Nortek, in an approximately $1.3 B pre-packaged chapter 11 debt-for-equity recapitalization.
  • Hawkeye Renewables LLC, a subsidiary of Hawkeye Energy Holdings LLC, an Iowa –based producer of ethanol and distillers grains, in its pre-packaged chapter 11 bankruptcy case.
  • Stone Barn Manhattan LLC, f/k/a Steve & Barry’s Manhattan LLC, a retailer of apparel and accessories with approximately 300 stores in 39 states, in its chapter 11 cases.
  • Recycled Paper Greetings, a provider of greeting cards and gift-giving accessories, in its pre-packaged chapter 11 case and sale under its prepackaged chapter 11 plan to American Greetings.

Creditor-side Experience:

  • Brookfield as one of the largest first lien creditors in the chapter 11 cases of Texas Competitive Electric Holdings Company LLC and its debtor affiliates.
  • The Export-Import Bank of China as the largest secured creditor in the Baha Mar Ltd. insolvency proceedings.
  • Harbinger Capital Partners in the TerreStar Networks Inc. and TerreStar Corporation chapter 11 cases.

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