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Mark Andrews Quoted in Law360 Article on Energy Companies Using Defensive Draw

July 15, 2016

Mark Andrews, Dallas-based member and Leader of Dykema's Bankruptcy, Insolvency & Creditors' Rights Practice Group, was quoted in the Law360 article, "Energy Cos. Playing Risky Game With Short-Term Credit Grab."

In the article, Andrews points out that part of the way the market to its current state is due to the unusually long period of low interest rates that has been hovering over the lending world since the Great Recession in 2008, making it possible to sit on cash with few negative consequences. He went on to state that the newer, more stringent loan provision will ultimately just become part of the normal give-and-take of negotiations, but the danger to the sector will persist so long as interest rates remain low.

Law360 subscribers can read the entire article here.