Case Overview

Represented the senior lender, PlainsCapital Bank, in the Chapter 11 bankruptcy case of Jet Works, which operated a full-service aircraft maintenance and repair facility at the Denton, Texas airport. The client held pre-petition secured claims of approximately $10 million and served as Jet Work’s DIP lender for Chapter 11 operations. The firm’s attorneys assisted the debtor with the sale of substantially all its assets through a competitive bid process, maximizing the return for its lender client.