July 15, 2020
Tornado-like Headwinds Confronting Energy Industry Likely to Produce Surge of Bankruptcy Transactions
Faced with unparalleled challenges the likes of which modern society has never seen before, economies around the world are combating the fallout from the global COVID-19 pandemic, market volatility, and civil unrest. And while certain industries may rebound in a manner consistent with economic revitalisation and growth, others – like the global oil and gas industry – are likely to end up in uncharted territories resulting from industry realignment and consolidation through restructuring and insolvency proceedings.