In the News

Mark Andrews Quoted in Bloomberg About Impact of Oil Price on Energy Bankruptcies

April 22, 2020

Mark Andrews, Member in Dykema’s Dallas office and former leader of the firm’s Bankruptcy practice group, was quoted in an article that appears in both Bloomberg and Bloomberg Law entitled, “Oil Lenders Hit Pause on Bankruptcy to Avoid Owning the Dead.”

The article discusses risks surrounding creditors in planning and pausing energy bankruptcies because of volatile commodity prices, inability to forecast exits, and varying rules from contract-to-contract and court-to-court.

To read the entire article, click here.