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12 Aug 2026

BakerHostetler Advises Tubos Reunidos Group on Chapter 15 Filings

"BakerHostetler advised the Tubos Reunidos Group on Chapter 15 petitions filed July 28, 2026, following Spanish insolvency proceedings, seeking U.S. recognition to facilitate sale or restructuring of U.S. assets. The cross-office BakerHostetler team from Cleveland, New York and Orlando has experience in bankruptcy, international restructurings and oil and gas matters."

BakerHostetler represented the Tubos Reunidos Group in connection with its Chapter 15 petitions filed in the United States. The companies filed their Chapter 15 petitions on July 28, 2026, several months after initiating insolvency proceedings in Spain. The filings form part of a broader restructuring strategy aimed at obtaining recognition of the Spanish insolvency cases in U.S. courts; such recognition may be necessary if the Spanish proceedings involve the sale or restructuring of U.S.-based assets. Texas has rapidly become a focal point for large corporate bankruptcies, in part due to experienced judges, efficient dockets and predictable rulings. The BakerHostetler team was featured in Law360 for advising the Spanish steel-tube maker as it navigates these Chapter 15 proceedings. With operations in Spain, Germany and the United States, the Tubos Reunidos Group manufactures and sells specialised stainless steel tubes used in the oil and gas and energy-generation industries. The company has accumulated substantial debt and has suffered lost business amid shifting global trade. BakerHostetler represented the Tubos Reunidos Group with a team composed by: Partners Alexis C. Beachdell (Partner, Cleveland), Camille C. Bent (Partner, New York) and Jimmy D. Parrish (Partner, Orlando), and Scott E. Prince (Counsel, Cleveland). The cross-office team from Cleveland, New York and Orlando has extensive experience in bankruptcy, international restructurings and in matters involving oil and gas industry clients.
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