Getting Back To Basics With Master Limited Partnerships
Jeffery MalonsonFebruary 26, 2018, 12:50 PM EST
Law360 (February 26, 2018, 12:50 PM EST) -- It has been a rough three years in the energy sector. We all witnessed the precipitous decline in oil and gas prices and the widespread carnage that followed. As of July 2017, 130 oil and gas producers had filed for bankruptcy since 2015, involving approximately $79.3 billion in debt obligations.
While the midstream sector has not experienced the same level of distress, it has not been unscathed. As of July 2017, 20 midstream companies had filed for bankruptcy since 2015, involving approximately $20.3 billion in debt...