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In re Chesapeake Energy Corporation and In re Extraction Oil & Gas, Inc.

USA - November 4 2020 It is common for E&P companies in chapter 11 to seek to reject burdensome midstream contracts under Bankruptcy Code § 365. Rejection has not been…

Steven M. Abramowitz, Suzanne E. Clevenger, John M. Grand, Katherine Drell Grissel, Paul E. Heath, George R. Howard, Damien R. Lyster, Harry A. Perrin, Matthew R. Stammel, William L. Wallander.

U.S. Supreme Court Denies Certiorari in the Sun Capital Case

USA - October 12 2020 On October 5, 2020, the U.S. Supreme Court denied certiorari in New England Teamsters and Trucking Industry Pension Fund v. Sun Capital Partners III…

David C. D’Alessandro, Keith Fullenweider, Shane M. Tucker, William L. Wallander.

Tribune Cramdown Standard

USA - September 3 2020 On August 26, 2020, the U.S. Court of Appeals for the Third Circuit affirmed Delaware Bankruptcy Judge Kevin Carey’s order confirming the Tribune…

Steven M. Abramowitz, Paul E. Heath, George R. Howard, Harry A. Perrin, William L. Wallander.

The Paycheck Protection Program and Bankruptcy

USA - July 16 2020 The COVID-19 pandemic has heavily disrupted our lives, communities, and businesses. Even with new approaches, not all businesses can overcome the…

Steven M. Abramowitz, Adrianne L. Goins, Paul E. Heath, George R. Howard, Jessica C. Peet, Harry A. Perrin, Brittany A. Sakowitz, William L. Wallander.

FERC Rules It has Concurrent Jurisdiction Over the Rejection of FERC-Regulated Midstream Gas Contracts

USA - June 23 2020 On June 22, 2020, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued an order concluding that the Commission and the United…

Suzanne E. Clevenger, John M. Grand, Shay S. Kuperman, Damien R. Lyster, James D. Seegers, William L. Wallander.