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Follow on Google News | Ali Mojdehi, Partner, Cooley LLP, to Speak at KC’s EventFor further details, please visit: https://theknowledgegroup.org/ About Ali Mojdehi Ali M.M. Mojdehi is a financial restructuring partner for Cooley and has varied and extensive experience nationwide representing debtors-in-possession, trustees, creditors, statutory creditor and equityholder committees, bondholders, financial institutions, and third-party purchasers of distressed assets, across a wide array of industries including oil and gas, energy, real estate, construction, hospitality, telecommunications, retail, manufacturing, transportation, financial services and information technology. Ali was named in the 2014 and 2015 Chambers USA editions as a leader in Bankruptcy & Restructuring. He was also presented with the 2014 Ellis Island Medal of Honor. The Medal of Honor is presented to American citizens who have distinguished themselves within their own ethnic groups while exemplifying the values of the American way of life. Ali earned his J.D. from the University of Tulsa and received his B.A. from the College of William and Mary. About Cooley LLP Cooley's Corporate Restructuring & Bankruptcy practice group is an experienced team that possesses a deep understanding of bankruptcy principles and law, outstanding litigation and corporate drafting ability and solid business sense. The team is a recognized leader, playing key roles in some of the most complex and high-profile bankruptcy and restructuring cases throughout the U.S., UK and other countries. Cooley lawyers are well-known for our extensive experience representing creditors committees, debtors, equity committees, mechanics lienholder committees, shareholder committees, and employee and retiree committees in chapter 11 proceedings, out-of-court restructurings, restructuring and company dissolution, credit finance and distressed mergers & acquisitions. We represent a range of clients across a wide array of industries. Cooley attorneys have played a significant role in some of the largest bankruptcy and out-of-court restructuring cases, including RadioShack, Metromedia Fiber Network, Enron, Lehman Brothers, Adelphia, Montgomery Ward, Skymall, Athlete's Foot, Pacific Gas & Electric Company, United Airlines, Blockbuster, CompUSA, Pizzeria Uno, Johns-Manville, Thrifty Drugs, UPC Polska, Asyst Technologies, Inc. and the Baptist Foundation of Arizona, Inc. Event Synopsis: "Oil and gas financing is a world of its own," said by the Tenth Circuit Court of Appeals more than 50 years ago. This assertion appears to be true, especially these days as the oil and gas industry face challenges unique to them. In 2015, significant concerns about a crash in the oil and gas industry and the economies that depend on it have been raised as oil prices declined from more than $100 per barrel to around $50 per barrel. This is largely caused by continuous increase in oil production even with the crisis of increasing global energy costs and the movement towards energy independence. While some producers may be able to survive the challenge, the unique nature of the oil and gas industry will make those companies vulnerable to an uncertain future. The recent wave of Chapter 11 filing is just the beginning. Some states value oil and gas production as property rights while others considered it as a "true" lease creating contractual rights. The distinction may be critical to the ability of the producer to refuse or allocate the production's nature of interests. Additionally, joint-operating agreements or "farmouts" meant to hedge risk to operators and complicate property rights. These factors, including issues on recording liens and the impact of unrecorded interests, and the use and protection from avoidance actions on oil and gas transactions must be considered in the context of restructuring. Although this massive decline in energy prices may be beneficial to consumers as well as debt and bargain investors, producers are, however, drawn to weather this devastating economic storm. It must also be noted that the distress in oil and gas industry being experienced by companies is the only start of a domino effect which will fall in a wide range of services and industries. In this two-hour LIVE Webcast, a panel of key thought leaders assembled by The Knowledge Group will provide the audience with an in-depth analysis of the current issues surrounding Bankruptcy & Restructuring in the Oil & Gas Sector. Key issues that will be covered in this course are: § Overview of the Issues in Oil and Gas Bankruptcy § Heading towards Chapter 11 Bankruptcy § Oil and Gas Production Under Varied State Laws § Distressed Investing Opportunities in Oil and Gas Companies § Restructuring in the Oil and Gas Business About The Knowledge Group/The Knowledge Congress Live Webcast Series The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/ End
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