With the recent uptick in energy-related bankruptcies expected to continue for the foreseeable future (in one prominent example, industry giant Weatherford has just filed for Chapter 11 protection), oil and gas royalty owners need to be on alert. Because companies in financial distress usually fall behind on royalty payments, royalty owners, usually one of the […]
Energy-Related Bankruptcies on the Rise: Protecting Oil & Gas Royalty Interests
Emerging Oilfield Bankruptcy and Insolvency Issues
In the newest episode of our energy law podcast, the head of KRCL’s Distressed Strategies Practice Group, Michael Ridulfo, discusses some of the bankruptcy pitfalls facing even the healthiest of companies operating in the upstream and midstream segments.