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Boomerang Tube, LLC Bankruptcy Case

Boomerang Tube, LLC

Case No. 15-11247·Delaware·Petition date Jun 9, 2015

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OverviewProfessionals

Key professionals

Financial Advisor

Alvarez & Marsal

Investment Banker

Lazard Frères & Co. LLC

Bankruptcy Counsel

Brown Rudnick

Chief Restructuring Officer

Zolfo Cooper Management, LLC

Judge: Mary F. Walrath
Industry: Manufacturing
Debtors: 3

Boomerang Tube, LLC is a Liberty, Texas-based manufacturer of welded Oil Country Tubular Goods (OCTG), operating from a single 487,000-square-foot production facility and employing approximately 343 workers. Founded in 2007 as Oilfield Tubulars, LLC and rebranded after Access Tubulars, LLC acquired an approximately 81% majority stake in 2008, the company supplies steel tubular products to the upstream oil and gas drilling market. Boomerang generated gross sales of approximately $501 million in 2014 and held total assets of approximately $299 million as of March 2015.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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