Marco Chan

Since joining Kirkland, Marco has been involved in the following matters:

• McDermott International, Ltd on securing approximately $560 million in new capital. 
• Newfield Exploration Co. (NYSE: NFX) in its acquisition in an all-stock transaction valued at approximately $5.5 billion by Encana Corp. (TSX, NYSE: ECA)
• McDermott International, Inc. (NYSE: MDR) and its affiliates, a leading global provider of integrated engineering, procurement, construction and technology services, in a $1.7 billion superpriority secured credit facility, and subsequently in creditor negotiations achieving a prepackaged Chapter 11 filing that deleveraged over $4 billion of funded debt and in securing a $2.81 billion debtor-in-possession financing package from their senior secured lenders, and upon exit from Chapter 11, in an exit financing consisting of $2.44 billion in letter of credit capacity and $544 million of term loan obligations.
• C&J Energy Services, Inc. (NYSE: CJ) on an approximately $1.8 billion merger-of-equals with Keane Group, Inc. (NYSE: FRAC) and the refinancing of the combined company NexTier Oilfield Solutions Inc.’s (NYSE: NEX) asset-based revolving credit facility.
• Sheridan Holding Company II, LLC and certain of its affiliates, one of a series of oil and natural gas investment funds formed in partnership with management and Warburg Pincus, in their prepackaged Chapter 11 cases to address over $1.1 billion of funded debt obligations.
• BP Energy Company in a $200 million secured letter of credit facility provided to affiliates of Cox Oil, LLC for backstopping its plugging and abandonment obligations, in connection with the acquisition of Energy XXI Gulf Coast, Inc. (NASDAQ: EGC)
• Jones Energy Inc. (OTCQX: JONE) and its affiliates in their prepackaged Chapter 11 restructuring of over $1 billion in funded debt and preferred equity obligations.
• Värde Partners in a $55 million secured term loan facility and a $5 million revolving credit facility to a private oilfield service company.
• Steward Health Care System LLC, a portfolio company of Cerberus Capital Management, in its asset-based revolving credit facility.

Prior to joining Kirkland, Marco was involved in the following representations:

• Texas Central Partners in its $300 million delayed draw credit facility for the development of the high speed rail project between Houston and Dallas.
• CSI Compressco LP (NASDAQ: CCLP) in its SEC-registered offering of $350 million in aggregate principal amount of 7.50% senior secured first lien notes.
• Daseke, Inc. (NASDAQ: DSKE), the largest flatbed and specialized transportation and logistics solutions company in North America, in its merger with Aveda Transportation and Energy Services, one of the largest oil rig moving companies in North America.
• Daseke, Inc. (NASDAQ: DSKE) in connection with the acquisition of three top-tier flatbed and specialized carriers Tennessee Steel Haulers & Co., the Roadmaster Group and Moore Freight Service.
• Wells Fargo Bank, N.A., as lead left arranger and administrative agent, in a $240 million revolving credit facility and term loan to a hedge funds investment manager.
• Wells Fargo Bank, N.A., as lead left arranger and administrative agent, in a $125 million secured revolving credit facility to a private midstream oil and gas company.
• A private equity firm in a $400 million revolving working capital credit facility.
• Clearlake Capital Partners in connection with the Chapter 11 restructuring and financing facilities of Knight Energy Holdings LLC.