Crude oil and natural gas prices reached multiyear lows of approximately $26 per barrel for crude oil (as of January 2016) and $1.50 per million British thermal units (mmbtu) for natural gas (as of March 2016). This...more
1/31/2017
/ Acquisitions ,
Borrowers ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Energy Contracts ,
Energy Policy ,
Exploration and Production Assets ,
Loans ,
Mergers ,
Midstream Contracts ,
Oil & Gas ,
Oil Prices ,
OPEC ,
Trump Administration
Under long-established common law, loans must be paid only upon maturity, not before. This "perfect tender in time" rule is the default rule in a number of jurisdictions. Many indentures and credit agreements therefore either...more