Reuters recently reported that “the rout in crude prices is snowballing into one of the biggest avalanches in the history of corporate America, with 59 oil and gas companies now bankrupt[.]” In March, we described how surging...more
“The carnage is going to be terrible,” cried a recent Dallas Morning News headline. “It’s a hellacious problem,” lamented another article. It’s no secret the energy sector has come upon hard times. Oil prices are down 70...more
3/11/2016
/ Bankruptcy Code ,
Commercial Bankruptcy ,
Contract Terms ,
Covenants that Run With the Land ,
Creditors ,
Debtors ,
Energy Sector ,
Fracking ,
Oil & Gas ,
Pipelines ,
Section 365