The Investment Funds and Energy Groups of Haynes and Boone, LLP presented the Private Capital Quarterly Energy Webinar entitled, Distressed Natural Gas Acquisitions in Bankrutpcy
This webinar explored the following:
- Acquisition opportunities for natural gas properties and companies
- Pros and cons of bankruptcy acquisition
- Treatment of leases, production payments and joint operating agreements in bankruptcy
- Bankruptcy sale process explained, stalking horse, breaking fees, competing bids and over bids
- Asset vs. stock acquisition
- Due diligence, purchase agreement negotiation and assumption and assigment of contracts
- Bankruptcy court approval process
- Post-acquisition issues
Moderator
Buddy Clark, Partner and Chair of the Energy Group - Haynes and Boone, LLP
Buddy Clark focuses his practice in energy finance including representation of lenders, private capital providers and energy companies in secured and unsecured credit transactions and equity investments; transactional energy law, including oil and gas exploration, production and development, acquisitions, title and partnerships, independent power projects; and energy related litigation.
Panelists
Charles Beckham, Partner, Haynes and Boone, LLP
Charles Beckham has more than 25 years experience helping a broad spectrum of clients with bankruptcy and insolvency problems in the energy industry.
Kenric Kattner, Partner, Haynes and Boone, LLP
Ken Kattner specializes in bankruptcy, insolvency and litigation matters and has been involved in numerous bankruptcy, reorganization and litigation cases. Ken has also represented many energy related companies, distressed debt and hedge funds, and private equity firms and their portfolio companies in merger and acquisition transactions both in and outside chapter 11. Ken has written numerous articles and has given speeches and lectures for trade groups, CLE courses and other professional associations. Ken is based in New York and Houston.
To see our recent article on Acquiring Distressed Natural Gas Assets, click here.
To access the Webinar Recording, click here.