CRA professionals advised a competitive provider of natural gas during its restructuring under Chapter 11. The debtor’s supply agreement was significantly underwater following a disruption in the gas market, and it faced substantial collateral requirements. Our professionals advised on risk management practices, supply contract negotiations, and negotiations with state regulators, and we developed a reorganization plan that allowed management to retain control of the equity.
Counting the cost of carbon to shareholders: Taking first steps
Companies are facing the prospect of being taxed on greenhouse gas (GHG) emissions, which could reduce profitability and, ultimately, shareholder value. Our...