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Band 2
Provided by Holland N O'Neil
Bankruptcy & Business Reorganizations, Commercial Litigation, Creditor Committee Representation, Litigation
Holland “Holly” O’Neil is a skilled financial restructuring and reorganization partner. Recognized for her courtroom presence and negotiating skills, Holland is well-regarded in the bankruptcy bar. She practices in Texas, Delaware and in jurisdictions across the United States.
Holland brings more than 35 years of experience to her practice, which focuses primarily on corporate restructurings. She assists clients in complex bankruptcies, restructurings and workouts, acquisitions of distressed assets, and bankruptcy litigation. She and her team members have represented clients in all aspects of turnarounds, financial restructurings and reorganization. She advises clients in numerous industries, including:
-Electric cooperatives/utilities
-E-Commerce
-Equipment suppliers
-Health care
-Hospitality
-Manufacturing
-Oil and gas/energy
-Real estate
-Restaurants/food service/franchises
-Retail
-Technology
-Telecommunications
-Transportation
Holland was a member of the firm’s Management Committee (2018-2026), and was the chair of Gardere Wynne Sewell LLP immediately prior to its merger with Foley in 2018.
Texas Tech University School of Law
JD
The University of Texas at Austin McCombs School of Business
Energy & Infrastructure, Health Care & Life Sciences, Providers of Health Care Services
Representative Experience
-Represents Stoli (USA) and Kentucky Owl as Debtors’ lead counsel in the Chapter 11 bankruptcy proceedings pending in the N.D. of Texas.
-Represents Higher Ground Education and its 34 subsidiaries as Debtors’ lead counsel in the Chapter 11 bankruptcy proceedings pending in the N.D. of Texas.
-Represents Hooters of America, Inc. and its 29 subsidiaries as Debtors’ co-counsel in the Chapter 11 bankruptcy proceedings pending in the N.D. of Texas.
-Represents TGI Fridays, Inc. and its 22 subsidiaries as Debtors’ co-counsel in the Chapter 11 bankruptcy proceedings pending in the N.D. of Texas.
-Represents Trinity Broadcasting Network and its subsidiary in the Merit Street Media Chapter 11 bankruptcy proceeding pending in the N. D. of Texas.
-Represented Tubular Synergy Group and its affiliates as Debtors’ lead counsel in the Chapter 11 bankruptcy proceedings pending in the N. D. of Texas.
-Brazos Electric: Served as special and conflicts counsel in multibillion-dollar bankruptcy matter. Advised on day-to-day strategy and handling of conflict matters including significant claims disputes. Managed various pending adversary proceedings.
-Represented buyer/DIP lender/lender in acquisition of the Cici’s Pizza franchisor entities.
-Represented AiBUY entities through a successful plan of reorganization in their bankruptcy case in the Northern District of Texas, Dallas Division.
-Represented the senior secured lender and ultimately the successful bidder of the 363 sale of all assets of Corner Bakery Holding Company, a fast-casual restaurant chain.
-Novvi: Representing the senior lender and large equity holder of this closely held company to restructure through a pre-negotiated Chapter 11 bankruptcy, projected to pay all creditors in full and convert the debt to equity through a pre-packaged plan of reorganization.
-Briggs and Stratton: Co-bankruptcy counsel for the company and its affiliates to effectuate a successful sale of the business enterprise.
-Patriot Well Solutions and its subsidiaries: Currently representing the Official Committee of Unsecured Creditors of Patriot Well Solutions in the Southern District of Texas.
-CARBO Ceramics Inc. and its subsidiaries: Represented the Official Committee of Unsecured Creditors in the bankruptcy cases of this sand mining and proppant manufacturing company and its subsidiaries. After a significant valuation dispute, a settlement resulting in an agreed confirmed plan was negotiated. The creditors of the parent entity are projected to receive four times the initial plan proposal and the subsidiary creditors are to be paid in full. “The committee played a very valuable role in this case. I think it should give everyone confidence in the system that we had a committee that came in, I think under difficult circumstances, with a Debtor that is really on its back, and fought very hard and received substantial benefits for its constituency.” – J. Isgur, Transcript of Conf.Hrg. [Doc. 543, p.33].
-Hi-Way Equipment Company and subsidiaries: Represented Debtors, which was one of the largest dealers of CASE construction equipment, lawn, and finish mowers and other heavy equipment in Texas, New Mexico, and surrounding states. Successfully negotiated a plan of reorganization that facilitated the sale of the business to a strategic buyer.
-Shale Support Holdings LLC and subsidiaries: Represents the Official Committee of Unsecured Creditors in the bankruptcy case of this sand mining company and its numerous subsidiaries. Consensual plan of reorganization was recently confirmed, with unsecured creditors receiving a significant recovery based on the applicable debtor obligor.
-Texas Rangers Baseball LLC: Represented GSP Finance, as the Administrative Agent and the Second Lien Lenders in one of the few bankruptcy proceedings of a major league baseball team in the United States. Was integral in facilitating a bankruptcy auction for the ownership of the team, which resulted in one of the highest sums paid for a major league baseball team at that time.
-CoServ Electric: Represented Debtors, including electric and gas utilities and their telecom, real estate, and related affiliates in the bankruptcy restructuring of more than US$1.2bn in debt. Although contentious initially, three separate consensual plans of reorganization were confirmed with creditors receiving 100% under each of the utility, real estate, and telecom reorganization plans.
-Renaissance Hospital Group and related affiliates: Represented Debtors in this multi-city group of hospitals and physician practices business.
Current out-of-court restructuring engagements:
-Served as lead counsel for a fast-casual vegan restaurant chain with multiple locations across the country to orchestrate an assignment for the benefit of creditors (ABC) -whereby the going concern transfer of the business was made to the senior secured creditor out of court, thus saving many jobs.
-Represented private restaurant chain in Article 9 out-of-court restructuring.
-Representing security systems company in out-of-court workout.
-Represented not-for-profit religious organization with significant tort claims.
-Represented one of the largest suppliers of aftermarket auto repair and maintenance warranties and related insurance products in restructuring negotiations.
-Represented multichain, multistate assisted living and memory care facilities owner in out-of-court restructuring.
Provided by Chambers
Provided by Chambers
She is diligent, has a great personality and is patient with a strong skill set and wide experience.
It's always great working with someone like Holland who has the ideal balance between legal professionalism and commercial awareness.
She is diligent, has a great personality and is patient with a strong skill set and wide experience.
It's always great working with someone like Holland who has the ideal balance between legal professionalism and commercial awareness.