Hear from experts on the specific pressures facing hospitals, long term care facilities, and others in the healthcare sector, and the unique regulatory and reimbursement challenges which arise in restructuring. Darlene Davis, Felicia Gerber Perlman,...
At the end of 2014 and into early 2015, the sharp decline in the oil price was daily news. While there has been some recent respite from the price falls that were being recorded, this article explores how the new lower price will impact companies in the sector in the short and medium terms. From...
As this article is written, the price of West Texas Intermediate (WTI) crude oil (around $59.48/barrel as of June 30) remains 44 percent below a year ago, notwithstanding a recovery from the multiyear lows seen early this year. 1 While some observers speculate that this precipitous decline is the...
U.S. Bankruptcy Judge Shelley Chapman of the Southern District of New York issued a bench decision on March 8, 2016, in the Chapter 11 cases of Sabine Oil & Gas Corporation (Case No. 15-11835), authorizing the debtors to reject certain executory contracts between (i) Sabine and Nordheim Eagle...
Everyone knew that 2015 would be a daunting year for the North American energy sector, but it arguably surpassed even the worst of expectations and closed out the year at the nadir of a tumultuous and largely unanticipated downturn. Informed opinions largely agree that 2016 holds few prospects for...