October 24, 2020

Volume X, Number 298

Webinar: Issues Facing Unsecured Creditors/Contract Litigation in the Oilfield

US energy sector saw a record number of bankruptcies filed last year and many had already predicted that trend to continue into 2020. That grim projection seems all the more likely today, making the need for well-thought-out legal strategies critical for companies in the sector on either side of the debt.

Specifically, unsecured creditors should be taking action now to best position themselves should their customers and/or partners file for bankruptcy.

In this webinar, Tony Guerino, Liz Klingensmith, Paul Turner, and Kevin Mangan address:

  • Key actions to take now if your customers or partners may file for bankruptcy.

  • What are some of the litigation issues associated with safe harbor contracts?

  • When can I assert liens?

  • What do I need to know about the unsecured creditors committee?

Who should attend:

In-house counsel for upstream oil & gas producers, lenders, and commodity trading houses, looking to understand counterparty risk.

Our Speakers: 

Tony Guerino

Tony Guerino, Partner, Womble Bond Dickinson
+1 346.998.7850
tony.guerino@wbd-us.com

Tony brings more than 20 years of experience in energy and environmental litigation involving oil exploration and production disputes. He has served as lead counsel in energy-related matters throughout the United States and around the globe. Tony has represented major E&P companies, oilfield service companies, drilling contractors, independent operators, working interest owners and pipeline transportation companies.

Liz Klingensmith

Liz Klingensmith, Partner, Womble Bond Dickinson
+1 346.998.7858
liz.klingensmith@wbd-us.com

Liz strategically partners with clients throughout the dispute resolution process as a counselor, trusted advisor and advocate from pre-litigation risk assessment all the way through trial. Business-minded and practical, Liz finds cost-effective solutions to achieve clients’ business objectives. With more than a decade of litigation experience, Liz has tried multiple cases to verdict. She’s arbitrated and mediated disputes with favorable results. Short of an early resolution consistent with your objectives, Liz will be prepared to go to trial whether in front of a judge or jury in state or federal court or a panel of arbitrators in arbitration.

Paul Turner

Paul Turner, Partner, Womble Bond Dickinson
+1 346.998.7857
paul.turner@wbd-us.com

Paul is an experienced corporate attorney serving clients in the energy sector and leads the firm's energy trading and market team. He has been named Lawyer of the Year: Futures and Derivatives Law in Houston by Best Lawyers in America (published by BL Rankings) in 2012, 2016 and 2018 and has been included in the Houston Business Journal’s Who’s Who in Energy Guide in 2016-2017 and 2014-2015. He was also selected to the BTI Client Service All Star List in 2016. Paul focuses his practice on the fast-changing and evolving energy and commodity markets—principally related to the business of the physical and financial trading of energy commodities. He has been involved in the regulatory and commercial structuring and restructuring of transactions in the energy industry, including the implications of ongoing regulatory changes to the physical, futures and derivatives markets.

Kevin Mangan

Kevin Mangan, Partner, Womble Bond Dickinson
+1 302.252.4361
kevin.mangan@wbd-us.com

With a strong background in commercial litigation, Kevin represents clients in bankruptcy, financial services, consumer finance, and other litigation matters before US state and federal courts throughout Delaware, Pennsylvania and New Jersey. Kevin represents creditors, creditors’ committees, debtors and trustees in all stages of bankruptcy litigation, including fraudulent conveyances and preference actions, asset sales, claims objections and related litigation, relief from stay proceedings and disclosure statements and confirmation hearings.

 

Upcoming Legal Education Events

Tuesday, October 27, 2020 to Wednesday, October 28, 2020
Thursday, October 29, 2020
Thursday, October 29, 2020
Thursday, October 29, 2020
Thursday, November 19, 2020
Thursday, December 17, 2020