Roll Up Your Sleeves: Economic Conditions Lead Lawyers To Get Creative With Financing.

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Roll Up Your Sleeves: Economic Conditions Lead Lawyers To Get Creative With Financing.

This article was originally published in the June 9, 2008 issue of Texas Lawyer.

The perfect storm of difficult financial markets, commodity price volatility, rating-agency scrutiny and high-cost liquidity has challenged energy companies and financial institutions to create nontraditional structures for commodity trading and price-risk hedging.

Under traditional trading or hedging,...

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