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    Oilfield bankruptcy and game plan
    2015-12-29

    Oil and gas price volatility is as much a part of the energy business as drill bits. Few predicted that the current down-cycle would be as long or as deep as it is proving to be. While global events could turn and prices improve, lower prices seem to be a reality for now. Lower prices impact the finances of everyone in the energy industry. Insolvencies, business failures, and bankruptcies are inevitable in this environment; and when they occur, they affect everyone, at all levels and in all aspects of the industry.

    Filed under:
    USA, Banking, Energy & Natural Resources, Insolvency & Restructuring, McGinnis Lochridge & Kilgore LLP, Bankruptcy, Debtor
    Authors:
    Kevin M.Beiter
    Location:
    USA
    Firm:
    McGinnis Lochridge & Kilgore LLP
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