Department profile
Bracewell LLP

Bankruptcy/Restructuring

USA Guide 2026 : Texas


Bracewell LLP

Rankings

About

Provided by Bracewell LLP

Bracewell is a nationally recognized firm for restructuring and bankruptcy matters. For decades, we have represented the interests of domestic and global clients in significant restructurings and bankruptcies across multiple industries. This experience is especially critical in today’s economic climate, given the proliferation of fraudulent transfer, fiduciary duty, lender liability, valuation disputes and other complex litigation issues.

The strength of our restructuring practice steams from the breadth and depth of our experience. We are particularly known for our experience in the energy and maritime sectors, including on behalf of oil and gas companies, international shipping groups, retail companies and power generation projects. We also advise corporate borrowers and debtors, private investment funds, financial institutions, commercial lenders and institutional investors in restructurings.

Chambers Review

Provided by Chambers

Bankruptcy/Restructuring - Texas

Band 3

Band 3


What the Team is Known For

Bracewell LLP possesses notable strength in oil and gas bankruptcies involving local and national clients. It is adept at handling workouts and Chapter 11 cases. The team is frequently engaged by institutional investors and commercial lenders, particularly in relation to work in the energy and shipping industries. It also houses a respected bankruptcy litigation practice, acting for both creditors and debtors.

Work Highlights

Provided by Chambers

  • Bracewell represented Vertex Energy, Inc. and its 23 affiliated debtors in its Chapter 11 cases in the Southern District of Texas.

Strengths

Provided by Chambers

  • The team consistently delivers sophisticated results by combining deep technical bankruptcy expertise, strategic litigation and negotiation skills, advanced research and writing, and strong client communication.

    Bankruptcy/Restructuring respondentUSA
  • Bracewell is extremely competent, efficient, and knowledgeable. It has excellent judgment when it comes to the bankruptcy judges in Texas.

    Bankruptcy/Restructuring respondentUSA

Notable Practitioners

Provided by Chambers

  • Band 1William A. "Trey" Wood III
    Band 1William A. "Trey" Wood III

    William A. "Trey" Wood III

    William Wood is highlighted by the market for his skills in handling bankruptcy-related work in the energy sector. He is held in high regard for his expert representation of debtors, creditors and committees. He chairs the firm's financial restructuring department.
    • William is well respected in this field and knows the industry well.

      Bankruptcy/Restructuring respondentUSA
  • Band 5Jason Cohen
    Band 5Jason Cohen

    Jason Cohen

    Jason Cohen represents debtors, creditors, and investors in complex Chapter 11 restructurings and distressed transactions, leveraging deep experience across energy, real estate, and other capital‑intensive industries.

    • Jason knows the court, knows the bankruptcy space, the jurisdiction and what works and what doesn't.

      Bankruptcy/Restructuring respondentUSA
    • Jason distinguishes himself from his peer at other firms by constantly achieving outstanding results in difficult, complex matters.

      Bankruptcy/Restructuring respondentUSA
    • I highly respect not only his demeanor but his work product.

      Bankruptcy/Restructuring respondentUSA

Ranked Individuals at Bracewell LLP (2)

Texas

Members

Provided by Bracewell LLP

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