Keep it Flowing: Raising Capital for Distressed Oil and Gas Companies
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Keep it Flowing: Raising Capital for Distressed Oil and Gas Companies
By George N. Panagakis and Felicia Gerber Perlman, Partners & Jessica S. Kumar, Associate, Skadden, Arps, Slate, Meagher & Flom LLP
Crude oil and natural gas hit peak prices in mid-2014, with U.S. crude oil hitting $107 per barrel in June of last year. Since then, prices have fallen precipitously, reaching a low of less than $50 per barrel for U.S. crude in late January before rising somewhat in recent months and then...
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Jessica S. Kumar is an associate in Skadden's Corporate Restructuring Group in Chicago. She represent clients in a variety of complex business reorganizations, debt restructurings, and insolvency matters. The restructuring group has advised debtors, creditors, lenders, investors, sellers, purchasers, and other parties-in-interest in all stages of restructuring transactions.
Felicia Gerber Perlman is a partner in Skadden's Corporate Restructuring Group in Chicago. She represent clients in a variety of complex business reorganizations, debt restructurings, and insolvency matters. The restructuring group has advised debtors, creditors, lenders, investors, sellers, purchasers, and other parties-in-interest in all stages of restructuring transactions.
George N. Panagakis is a partner and one of the deputy practice leaders in Skadden's Corporate Restructuring Group in Chicago. He represent clients in a variety of complex business reorganizations, debt restructurings, and insolvency matters. The restructuring group has advised debtors, creditors, lenders, investors, sellers, purchasers, and other parties-in-interest in all stages of restructuring transactions.
