Long-running LNG lawsuit comes to a close
The lawsuit, which featured a tangle of claims and counterclaims reaching in the hundreds of millions of dollars, has finally been dismissed after nearly four years of litigation.
Read MoreBuilding "Bridges" Across the Bayou City!
The lawsuit, which featured a tangle of claims and counterclaims reaching in the hundreds of millions of dollars, has finally been dismissed after nearly four years of litigation.
Read MoreThe company’s CEO thinks its headcount has reached the right size, but if 2020 doesn’t improve, it may have to make deeper cuts.
Read MoreThe company has gotten approval for a maneuver that will buy out its smaller shareholders with the intention of cutting the number of shareholders below the threshold that requires reporting to the SEC.
Read MoreAn Austin-based solar company nearly quintupled its real estate footprint in Houston this month in preparation for growth in the Bayou City.
Read MoreTwo Dallas-based private equity firms are backing a new Houston upstream oil and gas company, Eagle Mountain Energy Partners LLC.
Eagle Mountain was founded with backing from Pearl Energy Investments and NGP Energy Capital, according to Jan. 29 press …
Read MoreWhile midstream companies have largely managed to dodge a wave of bankruptcies sweeping across the energy industry, Haynes and Boone lawyers think there may be trouble ahead.
Read MoreCompanies trying to do an out-of-court restructuring often have trouble corralling a broad base of investors to approve the measures needed to restructure debt. But Key Energy already has an important shareholder’s approval wrapped up.
Read MoreThe company had stretched its leeway with vendors to unsustainable levels as liquidity tightened.
Read MoreThe company’s bankruptcy impaired its reserve based lender, an uncommon occurrence.
Read MoreOil and gas companies are facing a harsh operating environment, and bankruptcy courts saw the evidence of that in 2019. At the same time, private equity firms stepped into the gaps created by a recession of interest in oil and gas companies by banks an…
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