12 03 2016

Lone Star Value Reaches Agreement with Callon Petroleum

Olshan represented Lone Star Value


Lone Star Value and Callon Petroleum regarding Board composition. Pursuant to the agreement, Callon Petroleum agreed to nominate for re-election three incumbent directors, including Michael L. Finch, who was initially appointed to the Board pursuant to an agreement between Lone Star Value and Callon Petroleum in March 2015. Lone Star Value Management, LLC is a privately owned hedge fund sponsor. Lone Star Value Management, LLC, led by Jeffrey E. Eberwein,  is based in Old Greenwich, Connecticut. Steve Wolosky (Picture), Aneliya S. Crawford and Ryan P. Nebel represent Lone Star Value in connection with its investment in Callon Petroleum. Involved fees earner: Steve Wolosky - Olshan Frome Wolosky LLP; Aneliya Crawford - Olshan Frome Wolosky LLP; Ryan Nebel - Olshan Frome Wolosky LLP;

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