If and when the next wave of oil-and-gas bankruptcies hits, more companies engaging in offshore exploration and production could be seeking bankruptcy protection.
Other content in this Stream
Have We Hit Another Energy Downturn?
With U.S. oil production soaring to an all-time high and WTI crude plunging to its lowest closing price since mid-2017, it is time to consider whether another energy downturn has begun — or resumed.
Emerging Issues: Residential PACE Loans and Bankruptcy
Property Assessed Clean Energy (PACE) loan programs nationwide attest to the desirability of energy efficiency improvements as a matter of public policy, but they are not without issues.
Tension Within Chapter 11: Break-Up Fee Enforceability and In re Energy Future Holdings
Energy Future Holdings demonstrates the tradeoff underlying two important legal standards.
Courts Split Over Interpretation of CIMLA Provisions Regarding Suppliers’ Maritime Liens Against Vessels
Courts split over maritime liens regarding deliver of necessary supplies: factual inquiry and contractual obligation.
Don’t Assume It’s a Lease! Applying § 365 to Oil and Gas Conveyances
The rise in energy-sector bankruptcies has brought the question of whether oil and gas conveyances can be assumed or rejected under § 365 of the Bankruptcy Code to the surface.
9:33A special Eye on Bankruptcy focus on energy bankruptcies
Michelle Harner discusses recent developments in energy bankruptcies with Jason Brookner (Gray Reed & McGraw LLP) and Perry Mandarino (B. Riley & Co.).
Energy Bankruptcies
Oil and gas companies have seen some of the highest rates of restructuring in the past several years. Several commentators discuss the outlook for the industry.
Oil & Gas Gathering Agreements Can Be Rejected as Executory Contracts
Pipeline companies strike out again in New York on Texas law question.
12:04Quick Takes with Bill Rochelle - Featuring: Deborah Williamson