Practices & Industries

Practices

Bankruptcy and Creditors' Rights — Oil and Gas Industry

Fox, Gregory R.

Fox, Gregory R.

Shareholder
Seattle
206.223.7129
foxg@lanepowell.com
Heston, Mary Jo

Heston, Mary Jo

Shareholder
Seattle/Portland
206.223.7015
hestonm@lanepowell.com
Horowitz, Lewis M.

Horowitz, Lewis M.

Shareholder
Seattle
206.223.7401
horowitzl@lanepowell.com
Leaverton, Bruce W.

Leaverton, Bruce W.

Shareholder
Seattle
206.223.7389
leavertonb@lanepowell.com
Parise, Michael

Parise, Michael

Shareholder
Anchorage
907.264.3322
parisem@lanepowell.com
Spencer, Cliff E.

Spencer, Cliff E.

Shareholder
Portland
503.778.2197
spencerc@lanepowell.com
Tanner, Skyler M.

Tanner, Skyler M.

Attorney
Portland
503.778.2106
tanners@lanepowell.com

Lane Powell’s Bankruptcy and Creditors’ Rights Practice Group has extensive knowledge and experience in matters involving the energy industry, including all aspects of financially distressed situations. We have represented clients in asset sale transactions, mergers and acquisitions of energy or oil service companies, loan modification agreements, workout agreements, collateral liquidation agreements, pre-bankruptcy proceedings in state and federal court, bankruptcy proceedings under Chapters 7 and 11, debtor-in-possession financing agreements and defense of voidable preference litigation.

Representative matters with respect to the energy industry include the following:

  • Counsel for a national bank in financing an Alaska company’s acquisition of one of the largest oil service companies operating on the North Slope
  • Representation of client as a creditor in filing oil well statutory liens under North Dakota law and in workout negotiations with the debtor exploration company
  • Counsel for asset-based lender financing oil and gas service company with operations in Alaska and South America, secured by progress billings, mobile equipment and vessels
  • Representation of a Texas state bank on credit facilities extended to an Alaska oil and gas exploration company, secured by state mineral leases and by collateral assignment of Oil and Gas Production Tax Credit Certificates
  • Counsel for a Canadian private equity firm in financing an Alaska oil and gas exploration company, secured by state mineral leases and by collateral assignment of Oil and Gas Production Tax Credit Certificates
  • Representation of a Canadian company in its purchase of the assets of two Alaska fuel distribution businesses
  • In re Forcenergy (counsel for creditor oil service company asserting state law oil and gas liens in the Chapter 11 reorganization of a petroleum exploration company)
  • In re Stewart Petroleum Company (counsel for a national bank as creditor secured by over-riding royalty interests in oil and gas leases in the Chapter 11 reorganization of a petroleum exploration company)
  • In re Pacific Energy Resources, Ltd. (defense of oil service company in a voidable preference action)
  • H & H Industrial, Inc. v. Miller Energy Resources, Inc., et al. (counsel for a national bank in defense of state court action seeking foreclosure of Alaska statutory oil and gas liens)
  • Counsel for various gas-fired cogeneration partnerships in bankruptcy of Pacific Gas & Electric Company (PG&E)
  • Representation of a multinational energy corporation in Maid O’Clover bankruptcy and federal court litigation involving gas pricing

Bankruptcy and Creditors' Rights — Oil and Gas Industry

Fox, Gregory R.

Fox, Gregory R.

Shareholder
Seattle
206.223.7129
foxg@lanepowell.com
Heston, Mary Jo

Heston, Mary Jo

Shareholder
Seattle/Portland
206.223.7015
hestonm@lanepowell.com
Horowitz, Lewis M.

Horowitz, Lewis M.

Shareholder
Seattle
206.223.7401
horowitzl@lanepowell.com
Leaverton, Bruce W.

Leaverton, Bruce W.

Shareholder
Seattle
206.223.7389
leavertonb@lanepowell.com
Parise, Michael

Parise, Michael

Shareholder
Anchorage
907.264.3322
parisem@lanepowell.com
Spencer, Cliff E.

Spencer, Cliff E.

Shareholder
Portland
503.778.2197
spencerc@lanepowell.com
Tanner, Skyler M.

Tanner, Skyler M.

Attorney
Portland
503.778.2106
tanners@lanepowell.com