Morgan and brings more than 20 years of experience in the areas of risk management primarily in the energy and financial services industries. Full Bio

Morgan and brings more than 20 years of experience in the areas of risk management primarily in the energy and financial services industries. Morgan is the lead subject matter expert on financial solutions for Alliance’s clients including, capital optimization in energy markets, structured credit, restructuring, M&A due diligence, and risk management assessments.   As a CPA, he also oversees the Company's financial matters. 

Morgan has been responsible for leading and developing credit risk practices and liquidity enhancing structures for leading energy companies and has significant Big 4 public accounting experience within the financial services industry. Morgan has managed critical aspects of cross-border restructurings and has managed buy-side power and gas due diligence for clients, in both the wholesale and retail space.

Morgan is on the Board of Directors of the Committee of Chief Risk Officers and has been actively involved in major initiatives of the CCRO including co-Chairing the White Paper Market Clearing in the Energy Industry. 

In shaping industry reforms on credit and liquidity issues in the ISO/RTO markets, Morgan has spoken before regulators such as FERC and the CFTC, including on efforts that led to major FERC Order 741. Morgan has also Chaired the ERCOT Credit Working Group during the nodal market redesign, as well as the ERCOT Market Credit Working Group.

Morgan is a CPA in South Carolina and a Chartered Professional Accountant in Canada.  Minimize

Rachelle specializes in data-driven trend analysis and commentary on the leveraged finance markets, Full Bio

Rachelle specializes in data-driven trend analysis and commentary on the leveraged finance markets, focusing her efforts on showcasing developments and movements as tracked by LCD’s S&P/LSTA Leveraged Loan Index – a widely used proxy for the $1.2 trillion leveraged loan market.

Joining LCD in 2014, Rachelle honed her leveraged finance background covering the often complex subset of distressed debt; placing particular emphasis on unearthing the detail behind the balance sheet maneuvers of companies on the brink, and market-moving trends as they relate to stress identifiers in broader market indices.

Before joining LCD, Rachelle wrote for Reuters and IFR on the U.S. high-yield corporate bond market in New York, and prior to that on sovereign and covered bonds as a markets reporter in London during the height of the financial crisis. Rachelle got her start as a research analyst at Thomson Financial, and also held post-graduate derivative trade confirmation roles at WestLB and UBS. Minimize

Joe is an innovative and results-driven leader focused on achieving exceptional results in difficult situations and environments. Full Bio

Joe is an innovative and results-driven leader focused on achieving exceptional results in difficult situations and environments. He is a skilled communicator who synthesizes and delivers complex information to diverse audiences. He has proven to be an exceptional team manager in critical, collaborative contexts with strong leadership, client service, and negotiation skills. He has a record of repeated and consistent success in achieving complicated objectives and timelines in volatile situations, markets, and regulatory environments.  As a high-energy, approachable business builder who orchestrates startups, turnarounds, and wind-downs, he is known as a change leader, with the skilled use of empathy to keep employees informed, motivated and productive, particularly in times of uncertainty.

Joe has a unique background encompassing legal, business, and regulatory expertise, achieved by having managed legal, compliance, origination, credit, and operational groups.

Core competencies include:
• Legal expertise in energy and agricultural commodities
• Regulatory and Compliance
• Supply chain management, including operations and physical energy transportation
• Litigation/Arbitration
• Employment law and human resources best practices
• Derivative and physical purchase and sale agreements
• Mergers & Acquisitions, including structured finance
• Treasury: Including secured borrowing bases and repurchasing agreements
• Energy and Agricultural Commodities: Electricity, Natural Gas, Crude Oil, Ethanol, Coal, Emissions, Carbon Credits, Sugar, Coffee & Cotton 

For the past decade Mr. Limone has performed several roles in the build-up and then wind down of Noble Americas including Chief Administrative Officer, General Counsel and Corporate Secretary.   As the liaison to Chairman and Executive Committee in Hong Kong, he was a key player in restructuring and repaying secured borrowing base with 14 senior lenders to maximize operating flexibility, in a leveraged environment with the US companies being sold. He succeeded in a rapidly declining revenue and profit margin environment that was highly competitive and relentlessly shifting. He worked with the business to lower costs and properly manage PnL. 

Prior to Noble Americas, Joe has held senior commercial and legal roles with leading banks and energy companies including Credit Suisse, XL Capital, Allegheny Energy, Merchant Energy Group of the Americas, where Joe’s responsibilities have spanned from VP of Power and Gas Origination and Trading to Director of Commodities Prime Services to General Counsel. Minimize

Paul is an experienced corporate attorney serving clients in the energy sector.  Full Bio

Paul is an experienced corporate attorney serving clients in the energy sector. He has been named Lawyer of the Year: Futures and Derivatives Law by America’s Best Lawyers three times and has been twice included in the Houston Business Journal’s Who’s Who in Energy Guide. He was also selected to the BTI Client Service All Star List in 2016. Paul focuses his practice on the fast-changing and evolving energy and commodity markets—principally related to the business of the physical and financial trading of energy commodities. He has been involved in the regulatory and commercial structuring and restructuring of transactions in the energy industry, including the implications of ongoing regulatory changes to the physical, futures and derivatives markets.

Paul brings an industry knowledge and practical approach to advise a variety of client types in the industry – major oil companies, hedge funds, independent trading and marketing companies, retail energy providers, and banking clients – on structuring and documenting structured commodity transactions, industry contracts (e.g. EEI, ISDA, NAESB, LEAP), negotiating commodity tolling agreements (e.g. involving power, crude, and NGLs), negotiating commodity storage and marketing arrangements, advising on M&A transactions, and setting up client regulatory and trading compliance programs, as well as assisting trading companies on regulatory investigations (including by the CFTC, Exchanges, and FERC). Recently, he has been primary outside counsel to several clients as they entered the US trading markets for energy commodities.

In addition, Paul regularly advises energy clients on credit and restructuring issues related to forward and financial contracts. He has represented numerous clients in some of the largest energy and commodity company bankruptcies, including the bankruptcies of Lehman, The SemGroup, Enron, Mirant and NEGT Energy Trading (formally PG&E Energy Trading). He has advised energy companies on a myriad of transactional issues and has worked on the sale of a number of retail electric providers throughout the United States. Minimize

Ian Payne is an accomplished finance professional with 15+ years of experience in the energy industry. Full Bio

Ian Payne is an accomplished finance professional with 15+ years of experience in the energy industry. As a senior energy banker, Ian has a proven track record of generating revenues through strategic portfolio growth and has assisted clients experiencing financial distress and restructuring.

Mr. Payne has also served as an interim treasurer for a billion-dollar oilfield services company with a focus on asset-based lending reporting, bank covenant management, and daily liquidity support.   In a prior role as a corporate finance manager for a large, privately held domestic oil and gas company, Mr. Payne built and managed multiple corporate finance models for various upstream and midstream entities and served as the point of contact for a 20+ bank syndicate. 

Mr. Payne started his career as an audit associate for a big four accounting firm. 

Mr. Payne is a licensed CPA in the state of Texas and holds an MBA and MPA from the University of Texas at Austin. Minimize