Institute for Energy Economics and Financial Analysis Primer: Cleanup Costs Supersede Most Other Liabilities in Oil and Gas Bankruptcies
December 06, 2019
December 06, 2019
CLEVELAND, Ohio, Dec. 6 -- The Institute for Energy Economics and Financial Analysis issued the following news release:
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- Companies must meet remediation duties, owners and stockholders get paid last
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The Institute for Energy Economics and Financial Analysis (IEEFA) published a "primer" today - a background guide explaining what the cleanup obligations are in cases of bankruptcy by oil and gas companies.
Called . . .
* * *
- Companies must meet remediation duties, owners and stockholders get paid last
* * *
The Institute for Energy Economics and Financial Analysis (IEEFA) published a "primer" today - a background guide explaining what the cleanup obligations are in cases of bankruptcy by oil and gas companies.
Called . . .