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Ten Tips for Dealing with Distressed Counterparties

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Institute for Energy Law |  Bankruptcy
Omar J. Alaniz |  Kelli S. Norfleet
60 Minutes
Audio and Video
Original Program Date:
Jun 16, 2020
Access for 6 month(s) after purchase.


The double whammy of COVID-19 and the Russian-Saudi oil war has caused the legal industry to reexamine strategies for preserving value when dealing with distressed business partners. This webinar will examine value-maximining options for addressing counterparty insolvency. 


MCLE Credit has expired.

Although MCLE credit was previously obtained for this program in at least one jurisdiction (most likely Texas), such credit has expired and not been renewed by The Center for American and International Law. You may be able to obtain credit in certain jurisdictions (self-study credit), but the rules vary greatly by jurisdiction. Please review your jurisdiction’s MCLE rules and regulations before purchasing or viewing this program.



Omar J. Alaniz's Profile

Omar J. Alaniz Related Seminars and Products

Reed Smith LLP

Omar Alaniz is a partner in Reed Smith's Dallas and Houston offices (at the time of the webinar he was a partner at Baker Botts L.L.P. Omar’s diverse, complex chapter 11 practice includes representation of debtors, creditor committees, equity holders, joint venture partners, preference and fraudulent transfer plaintiffs and defendants, and other key stakeholders. He has appeared in bankruptcy and appellate courts throughout the country, including the Texas and United States Supreme Courts. He is the former Chair of the Bankruptcy Section of the Texas State Bar and is a current board member of the Dallas Hispanic Law Foundation. He was a law clerk to former bankruptcy judge D. Michael Lynn for the Northern District of Texas.

Omar’s work and experience has garnered national attention. In 2019, Omar was invited to join the prestigious sixty-member National Bankruptcy Conference, whose primary purpose is to advise Congress on bankruptcy law. In 2017, the American Bankruptcy Institute included Omar in its inaugural list of the top "40 Under 40" insolvency professionals in the country.

Kelli S. Norfleet's Profile

Kelli S. Norfleet Related Seminars and Products

Haynes and Boone, LLP

Kelli S. Norfleet is a partner in the Restructuring Practice Group in the Houston office of Haynes and Boone. Kelli’s practice focuses on the areas of business bankruptcy and insolvency law and related litigation, financings, dispositions, and other restructuring transactions. She advises clients in both in-court and out-of-court restructurings across a wide array of industries, including oil and gas, oilfield services, engineering and construction, technology, and aviation. Kelli represents clients in a variety of bankruptcy and restructuring matters, including Chapter 11 debtors, secured creditors, unsecured creditors, and other parties in interest.