Austin B. Crabtree

Associate Houston
Austin Crabtree
Austin Crabtree is an associate in the Restructuring Department of Weil’s Houston office.

Prior to joining Weil, Austin served as a judicial law clerk to the Honorable Kevin Gross (Ret.) of the United States Bankruptcy Court for the District of Delaware.  Austin received his J.D. from the University of Houston Law Center, during which he served as a judicial intern to the Honorable Marvin Isgur of the United States Bankruptcy Court for the Southern District of Texas.  Austin received his LL.M. in Bankruptcy from St. John’s University School of Law.

Austin has been a member of teams representing various parties in a number of in-court restructurings and other matters, including:

Debtor/Company-Side Experience:

  • Steward Health Care System LLC, the largest private, physician-owned for-profit healthcare network in the United States with over $8 billion in debt obligations ($7 billion of which is in long-term lease commitments), in its chapter 11 cases.
  • Mobileum, Inc., a leading global provider of telecom analytics and network solutions, in connection with its prepackaged chapter 11 cases with approximately $628 million in debt obligations.
  • Core Scientific, Inc., one of the world’s largest cryptocurrency mining and hosting companies, in its successful chapter 11 cases involving approximately $1 billion in debt, which resulted in full recoveries to non-subordinated creditors and significant recoveries to equityholders.
  • CBL & Associates Properties, Inc., one of the largest mall owners in the United States, in connection with its chapter 11 cases involving more than $4 billion in debt obligations.

Creditor/Other Experience:

  • Jefferson Capital Systems LLC, a portfolio company of J.C. Flowers & Co., as the successful purchaser of certain assets in connection with the chapter 11 cases of Conn’s, Inc.
  • The Tranzonic Companies, a portfolio company of Peak Rock Capital, as the new-money DIP lender, prepetition secured lender, and successful purchaser of certain assets in connection with the chapter 11 cases of Supply Source Enterprises, Inc.
  • National Public Finance Guarantee Corporation, in connection with the Title III cases of the Commonwealth of Puerto Rico and certain of its instrumentalities.