By the time Davis Petroleum Corp. hired Rhett Campbell and a team of bankruptcy lawyers at Thompson & Knight in February, the Houston-based oil and gas exploration company had a big need for cash and little time to get it.
Davis Petroleum had been working on a cash-infusion deal with a private equity company, but that proposed investment by Evercore Capital Partners hit a solid roadblock in early February. On Feb. 14, Davis Petroleum hired Thompson & Knight to explore other financial alternatives, including a Chapter 11 filing.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]