Partner John Melko Discusses the Impact of Falling Oil Prices with Law360
January 23, 2015
Law360 spoke with Gardere Partner John P. Melko, chair of the Firm's Financial Restructuring and Reorganization Practice Group, about things attorneys should watch for as oil prices continue to plunge such as distressed asset sales and even bankruptcies.
"A year ago, you could have been relatively well-capitalized and borrowed the full amount you were able to borrow on your reserves," Mr. Melko said. "That same company today would be thought of as woefully undercapitalized, just because the bottom has dropped out of the pricing of oil."
Subscribers can access the full article here.
People
Related News
July 2, 2025
In the News
John Strom and Peter Tomasi Quoted on Shift in Environmental Policy
Foley & Lardner LLP attorneys John Strom and Peter Tomasi commented on changes to federal environmental rules in the Utility Dive article, "Federal agencies, including FERC and DOE, revoke environmental review rules."
June 30, 2025
In the News
Lynn Gandhi Assesses Midyear Takeaways from Major State and Local Tax Cases
Foley & Lardner LLP partner Lynn Gandhi is featured by Law360 for her takeaways on major state and local tax cases in the article, "Top State & Local Tax Cases Of 2025: Midyear Report."
June 27, 2025
In the News
Donald Schroeder Highlights FMCS Importance Amid Service's Uncertain Future
Foley & Lardner LLP partner Donald Schroeder described the Federal Mediation and Conciliation Services' (FMCS) importance in the Law360 article, "As Feds' Bargaining Mediator Ails, New Services Emerge."