Counseled GSE Environmental, Inc. through Chapter 11 Proceedings
Client: GSE Environmental, Inc.
Travis represented GSE Environmental, Inc., a leading global manufacturer and marketer of geosynthetic lining solutions, in its prearranged Chapter 11 cases. GSE reached a prearranged agreement with its secured lenders on a financial restructuring plan that equitized roughly $170 million in funded debt and provide additional capital for GSE on a going forward basis. GSE's plan, confirmed less than three months after GSE filed its Chapter 11 cases, provided full payment for the company's trade vendors that agreed to return to market trade terms and provided a meaningful recovery to its remaining unsecured creditors.*
*Representation prior to joining Dinsmore & Shohl
