O&G Bankruptcies Fall Nearly 40 Percent
A Haynes and Boone study shows that North American oil and gas bankruptcies fell to just 43 filings in 2018, down from 70 in the prior year. The Houston Chronicle's Jordan Blum explains.
Dallas Bankruptcy Law Firm Adds Named Partner
The Law Offices of Judith W. Ross, a bankruptcy law firm in Dallas, has announced that Frances A. Smith has joined the firm as a named partner. The new firm will be called Ross & Smith, PC.
DBJ: DFW’s largest bankruptcies of 2018 include taco chain, energy firm
Taco Bueno's bankruptcy may have been one of the most notable in North Texas during 2018, but it wasn't the biggest.
SEC: Houston Developers Fraudulently Misused Investor Funds
The SEC announced Wednesday that America Modern Green Senior, America Modern Green Community and America Modern Green Residential have agreed to settle charges that they improperly used $49.5 million they raised from 90 Chinese investors for a project under the EB-5 Immigrant Investor Program.
Chron: Parker Drilling Filing for Bankruptcy
Houston-based Parker Drilling said Wednesday it’s filing for bankruptcy and losing its listing on the New York Stock Exchange. The financially hobbled onshore drilling contractor has struggled mightily since the
Akin Gump Increases Pro Bono Commitment for Border Cases
Corporate bankruptcy lawyer Eric Seitz is in El Paso representing a Honduran father who fled murderous gangs with his teenaged sister who threatened to kill them and is seeking asylum. The need for lawyers at the border is still there and The Texas Lawbook has details.
Blank Rome Adds Chapter 11 Bankruptcy Expert in Houston
(Sept. 19) – Blank Rome announced recently that James Grogan has joined the firm’s Houston office as a partner in its finance, restructuring and bankruptcy practice group. Grogan lateraled over
Kasowitz Picks Up Houston Restructuring Partner
Kyung Lee previously led the restructuring and reorganization group at Diamond McCarthy, where he practiced for nearly 17 years.
2nd Circuit Affirms Debtors’ Ability to Reject Gathering Agreements in Bankruptcy Cases
In this article, lawyers from King & Spalding say that although the recent wave of oil and gas bankruptcies has crested and prices have somewhat rebounded, the Second Circuit’s decision may have a lasting impact on future bankruptcies in the industry.
Bell Nunnally Adds Bankruptcy & Restructuring Partner
Russell Mills lateraled over from Hiersche, Hayward, Drakeley & Urbach.