This chapter explores recent bankruptcy developments for Alta Mesa and E.P. Energy, focusing on the effects of the coronavirus on oil prices and restructuring efforts. It features expert insights on E.P. Energy's reorganization plan and examines the hurdles BCE Mach faces in finalizing a sale due to pandemic-related complications.
The Americas Core Credit team at Reorg takes a look back at the past week and previews what's to come in the week ahead, and members of the Covenants team discuss the effect of declining PV-10 values and pandemic bonds related to coronavirus.
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