Lonestar Resources US Inc., along with its 21 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on September 30, 2020. The debtor listed both its assets and liabilities in the range of $500 million to $1 billion. The debtor is represented by Timothy Alvin Davidson, II of Hunton Andrews Kurth LLP and Latham & Watkins LLP as its legal counsels. The debtor also hired Rothschild & Co. and Intrepid Financial Partners as its investment bankers and AlixPartners, LLP as its financial advisor.