Law360, New York (October 27, 2015, 8:40 PM EDT) -- Kentucky-based RAAM Global Energy Co. filed for Chapter 11 bankruptcy protection Monday in Texas federal court, citing falling oil prices and the collapse of one of its oil fields and saying it is pursuing a stalking horse bid.
The company, which drills offshore in the Gulf of Mexico and onshore in Louisiana, Texas, Oklahoma and California, has been struggling after the decline in oil and natural gas prices in 2014, according to Chief Restructuring Officer James R. Latimer III. It has also faced decreased production after the collapse of a Texas oil field and has been unable to restructure more than...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!