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.
Looking under the hood: UK economic outlook and implications
2021 was expected to be a year of recovery and growth – both globally and in the UK. However, as we are now in a race between a more infectious virus strain...