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Beckham in MACCO Group Podcast: Lessons from the 1980s Texas Oil Bust

February 10, 2026

Haynes Boone Partner Charles Beckham, Jr. recently sat down with Drew McManigle, founder and CEO of the MACCO group, and Berry Spears, a partner at Keller Benvenutti Kim LLP, to discuss the historic Texas oil crash in the 1980s and the financial crash that followed. Beckham, McManigle and Spears were young lawyers and operators at the time of the crash, and they shared firsthand stories of failing banks and the monumental changes that followed in the field of restructuring law.

Listen to the full episode below.


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