McDermott International, Inc., along with its 228 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on January 21, 2020. The debtor listed both its assets and liabilities in the range of $1 billion to $10 billion. The debtor is represented by Matthew D Cavenaugh of Jackson Walker LLP, Kirkland & Ellis LLP and Arías, Fábrega & Fábrega as its legal counsels. The debtor also hired Evercore Group L.L.C. as its investment banker. AlixPartners, LLP acted as restructuring advisor.