Like the wild prairie rose that punctuates the North Dakota plains, the issue of whether a debtor can reject its midstream agreements is back after a brief period of dormancy. In Hot Topics in Oil and Gas Restructurings, Volume 3, we described how the U.S.
USA, Energy & Natural Resources, Insolvency & Restructuring, Litigation, McGuireWoods LLP, Natural gas, United States bankruptcy court
Some term loans allow borrowers to redeem debt. But to protect a lender’s expected yield, such loans often impose a “make-whole premium” on redemption. That is, they require compensation to the lender for the borrower’s premature termination of interest payments.
USA, Banking, Insolvency & Restructuring, Litigation, McGuireWoods LLP, Bankruptcy, Debt, Refinancing, Third Circuit
Yes, Gathering Agreements Can Be Rejected as Executory Contracts (At Least Under One Court’s Interpretation of Texas Law)
USA, New York, Texas, Energy & Natural Resources, Insolvency & Restructuring, Litigation, McGuireWoods LLP, Bankruptcy, Personal property, Second Circuit, Texas Supreme Court
Can Gathering Agreements Be Rejected as Executory Contracts?
School specialty, Inc., files bankruptcy in Delaware seeking to sell substantially all of its assets
Introduction
Introduction
Introduction
USA, Delaware, Insolvency & Restructuring, Litigation, Fox Rothschild LLP, Bankruptcy, Liquidation, United States bankruptcy court, US District Court for District of Delaware
Introduction