As energy companies deal with the economic fallout from the COVID-19 pandemic, Jackson Walker partner Jordan Smith will present a webinar on “Hot Topics in Energy Bankruptcy.”
Held from noon to 1 p.m. on December 9, 2020, this webinar will provide an overview of significant issues and recent developments in the law related to the acquisition and sale of assets in bankruptcy and certain issues unique to upstream oil and gas bankruptcies. He will discuss a debtor’s ability to reject executory contracts under the Bankruptcy Code, particularly with respect to midstream contracts and whether a dedication of acreage to a midstream counterparty results in a covenant running with the land that might defeat attempted rejection of that contract by the debtor. Finally, there will be a brief discussion of the law in Texas related to the perfection and enforcement of mineral mechanics’ and materialmen’s liens prior to and during the pendency of a bankruptcy.
S. Jordan Smith concentrates his practice in the areas of oil, gas, and natural resources law, with an emphasis on negotiating transactions pertaining to upstream financing, joint ventures, DrillCo transactions, and traditional acquisitions and divestitures. Jordan represents exploration and production companies, private equity funds, and other financial institutions in complex transactions across the energy sector, with a particular focus on alternative financing and joint ventures to develop upstream and midstream oil and gas assets, including Drillco transactions, volumetric production payments, equity joint ventures and farmout arrangements. In addition, he has experience in a variety of other complex business transactions, including the acquisition and development of real property, corporate mergers and reorganizations, asset sales and acquisitions, and project financing.