CBS MoneyWatch Features Comments from John Melko on Oil Region Bankruptcies
10 March 2015
CBS MoneyWatch covered U.S. oil regions bracing for bankruptcies due to the North American oil boom – and subsequent lower gas prices. Pulling from Gardere Partner John P. Melko's recent interview with the Houston Business Journal, CBS noted that areas where the economy depends on oil, such as Houston, are bracing for a financially difficult year.
"We're seeing ripples, but we're not seeing waves crashing on the shore," Mr. Melko told the HBJ in January. "(But) if these prices stick, then we're going to see widespread restructuring in the next couple of months."
The complete article can be found here.
People
Related News
16 May 2025
In the News
Foley's East Coast Litigation Additions Highlighted in Legal Press
Foley & Lardner LLP partners Kenneth Breen, Phara Guberman, and Joseph Dowdy are featured across legal press for their recent move to the firm.
16 May 2025
In the News
Foley Attorneys Assess AI Use in Clinical Trials
Foley & Lardner LLP partners Monica Chmielewski and Kyle Faget shared insights on the growing adoption of artificial intelligence in clinical trials in the Clinical Trials Arena article, "Are regulators keeping pace with AI adoption in clinical trials?"
15 May 2025
In the News
Grace Fucci Publishes on Sustainability in Luxury Fashion
Foley & Lardner LLP associate Grace Fucci explores the intersection of luxury fashion and sustainability in The Global Legal Post article, "Can luxury fashion houses join the sustainability discussion?"