Valaris plc


  • Pre-filing annual sales: $2,345 (millions of current dollars)
  • Pre-filing assets: $19,334 (millions of current dollars)
  • Pre-filing number of employees: 5,800
  • Sub-industry: 13 Oil And Gas Extraction
  • Place of incorporation: England and Wales
  • Court for city of headquarters: Outside United States
  • In business at filing? yes

Bankruptcy case

  • Chapter at filing: Chapter 11
  • Who filed case? debtors
  • Debtor's lead attorney: Kirkland Ellis
  • Date of filing: August 19, 2020
  • Judge at filing: Marvin P. Isgur
  • Court district of filing: TX SD
  • Court city of filing: Houston
  • Case number: 20-34114
  • Cause of bankruptcy: Not tort
  • Forum shop? Forum Shop

  • Case transferred? no
  • Destination court of transfer: not applicable
  • Creditors committee appointed? yes
  • ยง363 sale: no 363 sale
  • Dip loan final approval? yes
  • Plan type: prenegotiated

  • Disposition status: confirmed
  • Date of disposition: March 3, 2021
  • Judge at disposition: Marvin P. Isgur
  • Days from filing to disposition: 196

After the case

  • Did firm emerge? Company emerged
  • Did firm refile? not emerged 5 years

The BRD has been supported by grants from these organizations:

National Conference of Bankruptcy Judges

Turnaround Management Association

American Bankruptcy Institute

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