Creative Alternatives for Lenders and Producers in Dealing with Distressed Reserve-Based Loans
September 23, 2020
Webinar begins at 12:00 pm (Noon) Central
Duration: 60 minutes
IEL: +1.972.244.3422
Fax: +1.972.244.3401
E-Mail: iel@cailaw.org
Overview
This webinar will address the current issues facing lenders and producers in dealing with distressed reserve-based loans and present several creative alternatives for dealing with those loans in order to avoid the undesirable equity and debt restructurings of the past. The panel will discuss the Chapter 11 debt and equity restructurings of these loans in prior down cycles, why those restructurings are no longer desirable to lenders in today’s environment, and how new alternatives being considered in the marketplace can produce better long-term results for the lender and the producer.
Webinar begins at 12:00 pm (Noon) Central
Duration: 60 minutes
Details for connecting to the webinar will be sent after you register.
Moderator
Liskow & Lewis
Houston, TX
Nina Skinner is a shareholder in the Houston office of Liskow & Lewis. She counsels privately-held and publicly-traded corporations, start-up companies and nonprofit organizations in various stages of business transactions. Ms. Skinner has legal experience in a number of industries such as the energy (upstream, midstream and downstream), healthcare, chemicals, manufacturing, telecommunications, consumer products, information management, media and entertainment, engineered products, commercial real estate and industrial services industries.
Panelists
Liskow & Lewis
Houston, TX
John Bradford is of counsel at Liskow & Lewis in Houston. Mr. Bradford practices energy and natural resources taxation, finance and corporate law at the state, federal, and international levels. His practice involves advising clients on the tax and business consequences of their acquisitions, dispositions, joint ventures, financing activities, hedging activities, and day-to-day business operations. He has advised clients regarding structuring complex energy and natural resources joint ventures, asset acquisitions and dispositions, and structured financings. He has represented clients before the Internal Revenue Service on audit, administrative appeal, and for private letter ruling requests.
Managing Director
Acquest Advisors
Houston, Texas
Ann Rhoads is an energy investment banker to upstream, midstream, oilfield service companies and financial sponsors. She has more than 30 years of experience with Reserve Base Financing, Derivatives, Capital Structuring, Debt & Equity Capital Markets and M&A. Ann has worked in Houston, London and New York.
Liskow & Lewis
Houston, Texas
Michael Rubenstein is a shareholder in the Houston office of Liskow & Lewis. He is an experienced bankruptcy practitioner with a diverse commercial practice encompassing not only business bankruptcies, restructurings and reorganizations, but complex business litigation and criminal law. With a reputation for efficiency and effectiveness, his bankruptcy practice is largely devoted to the representation of creditors, often in the energy sector, in complex reorganizations throughout the U.S. Michael also routinely handles the defense of preference litigation in some of the largest bankruptcy cases in the U.S. and is certified in the area of business bankruptcy law by the American Board of Certification.
Steven Strom
Senior Managing Director
Odinbrook Global Advisors, LLC
New York, New York
Steven Strom is an investment banker with over 30 years of experience working with companies and creditors in distressed, bankruptcy and other special situations. His clients include boards, shareholders, creditors and buyers of assets. He focuses on advising clients on complex company/creditor negotiations, valuation, debt capacity, asset sales, exchange offers, rescue and DIP financings, and restructuring negotiations. From 2016 to early 2018, Steven Strom was CEO of Blackhill Partners, an investment bank in Dallas. He was previously Global Head of Restructuring from 2008 to 2014 at Jefferies, and a Managing Director in the Restructuring Group at Jefferies from 2006 to 2008.
Tuition
- $0 - IEL Member
- $0 - IEL Supporting or Sustaining Member Employee
- $50 - Non-Member
CLE Credit
Texas Course Number 174097317. This course has been approved for Minimum Continuing Legal Education credit by the State Bar of Texas Committee on MCLE in the amount of 1.0 credit hours, of which no credit hours will apply to ethics/professional responsibility credit.
This online program has not been approved for MCLE credit in any other jurisdictions. If requested by attendees, CAIL will request accreditation in California, Louisiana, Oklahoma, New Mexico, Ohio, Pennsylvania and West Virginia. Accreditation has not been sought or approved in these jurisdictions at this time. MCLE credit will not be requested in any other jurisdiction.
Although attendees may be able to request MCLE credit directly in additional jurisdictions, the rules vary in each jurisdiction. Certain programs, subjects, and formats may not receive credit in certain jurisdictions and there may be specific rules regarding who may earn credit or the maximum number of credit hours that may be earned with specific formats. Please review the MCLE regulations and rules of your jurisdiction and contact your regulatory entity if you have specific questions about the jurisdiction’s MCLE rules.
Other Information
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