Memorial Production Partners LP, along with its 15 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on January 16, 2017. The debtor listed its assets of $2.47 billion and liabilities of $2.05 billion. The debtor is represented by Alfredo R Perez of Weil, Gotshal & Manges LLP. as its legal counsel. Perella Weinberg Partners LP has been retained as financial advisor for the debtor. AlixPartners, LLP acted as restructuring advisor for the debtor and Rust Consulting/Omni Bankruptcy acted as claims, noticing and solicitation agent for the debtor.