Restructured Pacific Ethanol's $300 million In Debt

Represented Pacific Ethanol Holding and its four ethanol plant subsidiaries in their successful Chapter 11 case in the District of Delaware. Upon plan confirmation, approximately $300 million in debt was restructured and the debtors emerged as a private company retaining their current combined ethanol production capacity of more than 200 million gallons per year. Two of the company's ethanol plants are located in California, one is located in Idaho and one is located in Oregon – combined, they serve markets in California, Nevada, Arizona, Oregon, Colorado, Idaho and Washington.

Related Contacts
Lawrence Gottlieb Retired Partner, New York
Richard Kanowitz Partner, New York
Seth Van Aalten Partner, New York
Related Practices & Industries

Business Restructuring & Reorganization