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Holland & Knight's Energy and Natural Resources Quarterly Newsletter: Spring 2021

Holland & Knight invites you to read the Spring 2021 issue of our Energy and Natural Resources Quarterly newsletter, in which our authors discuss important hot topics and developments in energy, natural resources and...more

Texas Bankruptcy Court Enforces Make-Whole Premiums and Postpetition Default Interest

The U.S. Bankruptcy Court for the Southern District of Texas awarded on Oct. 26, 2020, a make-whole premium and post-petition interest at the contractual default rate (as opposed to the materially lower federal judgment rate)...more

How Midstream Providers Must Respond to Latest Exploration and Production Bankruptcies

As predicted in Holland & Knight's Energy and Natural Resources Blog post on March 16, 2020, "Midstream Providers Can Prepare for the Next Wave of Restructurings," the dual impact of a COVID-19 demand slump and market pricing...more

New PPP Interim Final Rules Address Loan Forgiveness Requirements and Agency Review Procedures

The U.S. Small Business Administration (SBA) published two new Interim Final Rules (IFRs) on May 22, 2020, related to the Paycheck Protection Program (PPP) created by the Coronavirus Aid, Relief, and Economic Security Act...more

New PPP Interim Final Rule Clarifies That Foreign Employees Count for Size

The U.S. Small Business Administration (SBA) published a new Interim Final Rule (IFR) on May 18, 2020, related to the Paycheck Protection Program (PPP) created by the Coronavirus Aid, Relief, and Economic Security Act (CARES...more

Treasury, Federal Reserve Release Final Main Street Facility Term Sheets

As previously reported, in response to the coronavirus (COVID-19) pandemic, the Federal Reserve and the U.S. Department of the Treasury unveiled two lending programs – the Main Street New Loan Facility (MSNLF) and the Main...more

Holland & Knight Provides Comments to Treasury, Federal Reserve on Main Street Lending Program

The CARES Act included language permitting the Federal Reserve Board to establish a "Main Street Lending Program," or other similar program or facility to support lending to small and mid-sized businesses. Toward this end,...more

When Cash is King: Can a Reserve-Based Lender Block Borrower Cash Hoarding?

Weakened demand for oil coupled with the coronavirus outbreak and Saudi Arabia's and Russia's crude production disagreement have caused steep declines in the oil markets. These price pressures have placed considerable stress...more

Midstream Providers Can Prepare for the Next Wave of Restructurings

Even before coronavirus concerns, the slump in oil demand placed considerable financial stress on oil exploration and production companies. With Saudi Arabia and Russia unable to reach an agreement on crude production, oil...more

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