January 2021, Vol. 248, No. 1
Features
Bankruptcies, Restructurings, Mergers Likely to Continue in 2021
Special to P&GJ Pittman Gary Pittman, managing director in Opportune LLP’s restructuring practice, has more than 30 years of corporate accounting and restructuring experience and has advised both public and private companies in the oil and gas, oilfield services and chemicals industries. Here he provides answers to some frequently asked questions concerning dealing with bankruptcy. As Murphy’s law states, “Anything that can go wrong will go wrong.” This age-old adage can be applied to what the U.S. oil and gas industry has experienced through most of 2020. The U.S. shale sector continues to reel from low oil prices triggered by the COVID-
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