As you may know, WeWork Inc. and 517 of its affiliates filed Chapter 11 bankruptcy petitions this week. At its height, WeWork was valued at $47 billion, but the company’s Class A Common Stock declined more than 98 percent...more
Lessons from Sabine -
In March, Bankruptcy Judge Shelley Chapman held that Sabine Oil & Gas Corp. satisfied the standards for rejection of several gathering and handling agreements between Sabine and its midstream...more
6/13/2016
/ Commercial Bankruptcy ,
Covenants that Run With the Land ,
Creditors ,
Energy Sector ,
Executory Contracts ,
Fraudulent Transfers ,
Husky International Electronics v Ritz ,
Litigation Funding ,
Midstream Contracts ,
Mineral Exploration ,
Offshore Drilling ,
Oil & Gas ,
Pipelines ,
Sabine Oil and Gas ,
SCOTUS
A Battle in the Making in the Oil and Gas Sector: Second Lien vs. High Yield Debt -
In the oil and gas industry, there is a storm brewing between holders of second lien debt and unsecured high yield bonds. These...more
6/22/2015
/ Bank of America v. Caulkett ,
Banking Sector ,
Bankruptcy Court ,
Bonds ,
Consumer Bankruptcy ,
Creditors ,
Debt ,
Distressed Debt ,
High-Yield Markets ,
Junior Lenders ,
Junior Liens ,
Lien Stripping ,
Mortgage Lenders ,
Mortgages ,
Oil & Gas ,
Oil Prices ,
Oral Contracts ,
Underwater Homeowners ,
Wellness International Network v Sharif