Haynes and Boone partner on energy bankruptcy wave: ‘We have not seen the end of this’
“I wouldn’t say I’m anticipating an increased pace in the number of bankruptcies in 2020, but I would anticipate a similar pace.”
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“I wouldn’t say I’m anticipating an increased pace in the number of bankruptcies in 2020, but I would anticipate a similar pace.”
Read MoreHouston-based Key Energy Services Inc. and lenders have reached a restructuring support agreement that aims to reduce the company’s long-term debt by about 80 percent.
The RSA was reached with lenders that hold over 99.5 percent of the principal amoun…
Read MoreThe company’s bondholders wanted equity in the reorganized company, and they were willing to fight to get it.
Read MoreThe companies have accepted initial bids to buy out substantially all of their assets.
Read MoreWeatherford International PLC, which has its main U.S. office in Houston, filed its $8.34 billion bankruptcy in July and didn’t emerge from the court until December.
The company’s Chapter 11 restructuring cut away about $6.2 billion in debt and put an…
Read MoreWeatherford International PLC, which has its main U.S. office in Houston, has emerged from Chapter 11 bankruptcy protection.
The company’s restructuring process eliminated about $6.2 billion of outstanding funded debt, according to a Dec. 13 press rel…
Read MoreDallas-based Southern Foods Group, doing business as Dean Foods, and 42 affiliated debtors filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas in Houston on Nov. 12.
The company listed total asset…
Read MoreDallas-based Southern Foods Group, doing business as Dean Foods, and 42 affiliated debtors filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas in Houston on Nov. 12.
The company listed total asset…
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