With bankruptcy and restructuring work on the rise at Texas firms due to struggles in the oil patch, San Antonio bankruptcy lawyer Deborah Williamson seized the opportunity to update her book, “When Gushers Go Dry: The Essentials of Oil & Gas Bankruptcy.” The first edition of the book, which Williamson wrote with Meghan Bishop, came out in 2012. Williamson, a member in Dykema Cox Smith, said sales of the book increased in 2014, so the American Bankruptcy Institute asked her last fall to do a second edition, which was published this month.
“There’s some new chapters. The approach is very much the same—you lay out basic oil and gas issues geared toward the non-oil and gas person,” she said. Williamson answered some questions from Texas Lawyer about the second edition of her book and the status of bankruptcy work. The following has been edited for length and style.
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