Back to People

Andrew C. Papa Associate

Save current page as PDF
Houston T +1 832 255 6324 F fax +1 832 255 6374
vCard

Andrew helps financially distressed entities and creditors navigate in- and out-of-court reorganizations with his dynamic problem-solving skills. He draws on his background in economics and corporate valuations to advise clients where the law and business strategies intersect. When legal disputes arise, Andrew distills complex legal concepts into digestible ideas to clarify the positions of parties and quickly resolve the dispute.

To effect go-forward solutions, Andrew strategizes courses of action to mitigate risk and maximize returns for each of his clients. He weighs the costs and benefits of each strategy to determine possible outcomes. Then, he advises his clients on the best course of action. His results are known to be practical and “outside of the box.”

Andrew is known for his public speaking and oral advocacy. Before joining McGuireWoods, he clerked for the Honorable Chief Judge Stephen C. St. John in the United States Bankruptcy Court for the Eastern District of Virginia. He then represented numerous debtors and parties-in-interest in the United States Bankruptcy Court for the District of Delaware throughout the second wave of COVID-19 and its Delta and Omicron variant outbreaks.

“To be a great attorney, one must set client expectations. You must tell your clients what to expect up front, let them know the probabilities of each outcome, and then advise them on the best course of action.”

Experience

  • Represented a Fortune 25 upstream oil and gas producer in connection with an amended and restated joint-venture limited liability company agreement, advising on amendments thereto.
  • Represented a bank as the first-lien holder in a foreclosure and sale of a 750-megawatt, gas-powered energy generation facility, relating to the assignment and assumption of material contracts.
  • Represented a S&P 500 specialty materials company in connection with its billion-dollar legacy indemnification claims arising from the stock purchase of a former bankrupt chemicals company, defending against concurrent bankruptcy litigation arising therefrom.
  • Represented an Ad Hoc Group of Lenders on behalf of debt and equity holders in bankruptcy as co-counsel, relating to a healthcare services company’s use of cash collateral and confirmation of its plan of reorganization under the bankruptcy code.
  • Represented several liquidating trustees of healthcare and energy companies, executing wind-down duties arising from their plans of reorganization.
  • Represented a trucking company in true-lease bankruptcy litigation arising from its repossession efforts of commercial collateral.
  • Represented several energy and healthcare companies in out-of-court reorganizations, advising on the risks of bankruptcy treatment.
  • Represented a Fortune 500 energy company in bankruptcy as a counterparty claimant to a bankrupt bitcoin-mining company, advising on contractual issues relating to the sale and confirmation of a plan of reorganization under the bankruptcy code.
  • Represented several banks, in their capacity as administrative agents, with respect to multimillion-dollar syndicated loan facilities.
  • Represented a coal-powered energy plant in bankruptcy litigation and appellate proceedings as co-counsel, advising on the arbitration, meditation, and settlement of its 700 million-dollar rejection claim arising from a certain power purchase agreement.
  • Represented a movie theater chain in its in-court financing, marketing, and sale under the bankruptcy code.
  • Represented collateralized loan obligation funds in bankruptcy litigation and appellate proceedings related to their in-court monetization process to sell portfolio companies for the benefit of stakeholders.
  • Represented an American football league in its in-court sale and confirmation of a plan of reorganization under the bankruptcy code.
  • Represented several future claimants’ representatives on behalf of asbestos, opioid, and abuse related liabilities in bankruptcy proceedings across a variety of industries, including, but not limited to, manufacturing, pharmaceuticals, and nonprofit institutions.
  • Represented a multinational satellite communications provider in bankruptcy as co‑counsel, advising on extensions of the automatic stay to non‑debtors.
  • Represented energy companies and their wind-down estates in post-confirmation contested and appellate proceedings related to their plans of reorganization.
  • Represented a Fortune 1000 specialty retailer of health, wellness, and performance-based products as co-counsel in its assumption and assignment of leases and sale under the bankruptcy code.

News

More News