Brattle was retained as financial advisor to the indentured trustee for a group of second lien noteholders in the Chapter 11 bankruptcy proceedings of Chesapeake Energy Corp., in US Bankruptcy Court for the Southern District of Texas. Brattle evaluated Chesapeake’s reorganization value, as well as issues relating to the estimated recoveries under the Chesapeake Plan of Reorganization across various classes of stakeholders. Brattle also analyzed issues relating to whether the plan was in the “best interests” of the second lien creditors.

Practices