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Regions Bank objects to oil company’s bankruptcy plans

Regions Bank was a secured lender for Arena Energy, an offshore oil and gas production company. Arena filed for Chapter 11 bankruptcy, and Regions was a dissenting lender in a syndicated loan to the company.

Waller represented Regions Bank in the oil and gas production company’s Chapter 11 proceedings. Representation involved objection to Plan treatment and classification, objecting to sale of the company, supporting alternative sale transaction and seeking bifurcation of secured and unsecured claims.

For more information, see media coverage here.


Mark Taylor
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