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Follow on Google News | Vincent Slusher, Partner, DLA Piper LLP, to Speak at KC’s EventFor further details, please visit: https://theknowledgegroup.org/ About Vincent Slusher Vince Slusher has extensive experience representing large and mid-sized companies, both public and private, facing financial or regulatory crises. Vince represents clients in myriad industries in complex bankruptcy and business or financial reorganization matters. For 30 years, he has dedicated himself not only to the legal problems and issues facing his clients, but also to understanding their business needs and clients turn to him for this understanding. He has represented debtors, creditors, trustees, examiners, official and unofficial committees and secured and unsecured creditors in all types of bankruptcy proceedings and out-of-court reorganizations across the United States as well as abroad. About DLA Piper LLP DLA Piper is a global law firm with lawyers in the Americas, Asia Pacific, Europe, Africa and the Middle East, positioning us to help companies with their legal needs around the world. We strive to be the leading global business law firm by delivering quality and value to our clients. We achieve this through practical and innovative legal solutions that help our clients succeed. We deliver consistent services across our platform of practices and sectors in all matters we undertake. For additional information, go to www.dlapiper.com. 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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