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.
The Convergence of Financial and Societal Value, and What It Means
In this Marakon Commentary, Charlie Johnson and Christine Delivanis discuss how until very recently, the market and society more generally were less aware of...