Foley Attorneys Author Article on Restructuring Strategies for Distressed Energy Companies

Foley & Lardner LLP attorneys Thomas Scannell and Zachary Zahn authored the Journal of Corporate Renewal article, “Navigating the Growing Fault Lines in the Global Energy Sector,” sharing insights on how energy companies can address financial distress.

Drawing on lessons from prior industry downturns, the authors outline restructuring alternatives ranging from negotiated out-of-court transactions to Chapter 11 proceedings, while highlighting practical considerations for managing liquidity, addressing industry-specific liabilities, engaging key stakeholders, and preserving enterprise value.

“With a strategic and careful approach, restructuring can give companies a realistic chance to survive near-term disruption and recover when market conditions improve,” the authors conclude.