The uncertain prospects of a ceasefire, volatile oil prices and urgent requests of clients are making Texas energy lawyers have to sort through the chaos of the Iran War. Haynes Boone Energy Chair Jeff Nichols spoke with Bloomberg Law about helping clients through this uncertain time. Read an excerpt below.
“The conflict in the Middle East has had so many reversals,” said Jeff Nichols, the Houston-based chair of Haynes Boone’s energy group. “It’s like playing chess on a board where the pieces keep disappearing.”
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Nichols said the chaos has caused clients to hit pause on deals that are in progress and stress test their relationships with other entities. “Price volatility doesn’t just change the math, it tests the commercial marriage,” he said. “We are there to negotiate the counseling session before it turns into a divorce.”
Read the full article from Bloomberg Law here.
