LEGAL ANALYSIS: E&P restructurings turn on state law property rights, collateral documentation and lien perfection - Debtwire

LEGAL ANALYSIS: E&P restructurings turn on state law property rights, collateral documentation and lien perfection

19 November 2017 - 12:00 am

Energy sector conditions—principally the drop in oil prices—have led to a wave of restructurings this year for borrowers engaged in oil and gas exploration and production (E&P). The unique operations and capitalization of an E&P company present a plethora of industry-specific restructuring issues for practitioners and investors. This Special Report by the Debtwire legal analyst team provides an introduction to many of these issues by surveying the landscape of E&P company restructuring concerns.

 

CLICK HERE for the Special Report

 

by Jack M. Tracy II

 

Jack M. Tracy II is a former practicing restructuring attorney. Prior to joining Debtwire as Senior Legal Analyst, Jack practiced in the New York offices of Akin Gump Strauss Hauer & Feld LLP and Willkie Farr & Gallagher LLP. He has represented debtors, official committees and ad hoc groups in several high-profile restructurings.

 

Any opinion, analysis or information provided in this article is not intended, nor should be construed, as legal advice, including, but not limited to, investment advice as defined by the Investment Company Act of 1940. Debtwire does not provide any legal advice and subscribers should consult with their own legal counsel for matters requiring legal advice.