Timothy L. Chandler, partner at Sidley Austin LLP, is today’s featured Forty Under 40 honoree.
Chandler’s practice principally involves representing companies, funds and management teams in their investments in hard hat industries throughout the world. This includes energy, infrastructure, minerals and manufacturing, including assisting clients in private equity investments, mergers and acquisitions, joint ventures, project development and financings.
“I find the greatest professional satisfaction in helping clients solve complex problems,” he said. “When the going gets tough, you should run directly at the problem rather than shy away from it. True success comes from achieving what you once thought improbable.”
Before joining Sidley, Chandler was an associate attorney at Vinson and Elkins LLP, where he represented clients on mergers and acquisitions, project development, financing, private equity investments and more.
After years of hoping for oil prices to return to better days, the magical thinking by optimistic E&Ps is out, and private-equity firms are poised to pounce.
Current market conditions are expected to drive a “significant increase in bankruptcies” for E&P companies during the second half of 2020, one expert says.
Chesapeake Energy separately said in a filing it plans to operate six to eight drilling rigs for the next two years, about half the 14 rigs active on average in the first quarter, as it battles a historic downturn in oil prices.