When one party can unilaterally prevent a bankruptcy filing – action steps and best practices
Commodities Alert
Restructuring Alert
USA, Texas, Energy & Natural Resources, Insolvency & Restructuring, Litigation, DLA Piper, Wind power
HEADLINES
USA, Banking, Corporate Finance/M&A, Insolvency & Restructuring, White & Case, Bankruptcy, Private equity, Coronavirus
Volatile commodity prices in 2020 led to the bankruptcy of many oil and gas producers. While some analysts expect oil and gas prices to rise during 2021, the US Energy Information Administration’s 2021 annual outlook advises that a return to 2019 levels of US energy consumption will take years.[2]
High yield bond and leveraged loan issuance for restructurings across the United States and Western and Southern Europe has climbed 65% year-on-year, up from US$29.1 billion for the first nine months of 2019 to US$48 billion over the same period this year.
European Union, USA, Insolvency & Restructuring, White & Case, Coronavirus, Office of Foreign Assets Control (USA)