Toggle accessibility panel
Alt 0
Accessibility settingsAlt S
Top accessibility panelAlt 1
Right accessibility panelAlt 2
Bottom accessibility panelAlt 3
Left accessibility panelAlt 4
Show keyboard shortcuts accessibility panelAlt 5
Toggle keyboard shortcuts accessibility panelAlt 6
Reset all accessibilityAlt Q
Change font sizeAlt A
Increase font sizeAlt +
Reset font sizeAlt X
Decrease font sizeAlt-
Change line height Alt H
Increase line heightAlt U
Reset line heightAlt J
Decrease line heightAlt M
Change letter spacingAlt >
Increase letter spacingAlt R
Reset letter spacingAlt F
Decrease letter spacingAlt V
Change word spacingAlt
Increase word spacingAlt E
Reset word spacingAlt D
Decrease word spacingAlt C
Readable fontAlt G
Highlight titles Alt T
Text zoomAlt Z
Invert colorsAlt I
Bright contrastAlt W
Dark contrast Alt B
Keyboard navigationAlt K
Big white cursor Alt Y
Big black cursor Alt N
Prevent animationAlt P
Skip to content page
0
0

USA: record wave of oil company bankruptcies

Share this article:

Experts from the Polish company PMR Restrukturyzacje SA have analyzed the situation in the American oil industry. They estimate that the record number of bankruptcies will soon be reached and exceeded, despite the rising price of oil worldwide. The current the record is 68 bankruptcies in 2002/2003 in the telecommunications sector.

– To understand why American companies are filing for bankruptcy, you need to know what it means for them. Announcement Bankruptcy in Poland is commonly associated with the end of a company, sale of assets and only partial satisfaction of creditors' claims. In America, bankruptcy is perceived differently - it is a certain state of a company that gives it legal protection and allows for the implementation effective restructuring. In many cases, this is very good news for the company, which receives support from its creditors, investors, but also sometimes the tax authorities in the form of reliefs, loan write-offs, and even additional capital – explains Maciej Roch Pietrzak, president of PMR Restrukturyzacje SA

According to information from the Reuters news agency, the Haynes & Boone law firm and the bankruptcydata.com portal, 60 oil companies in the United States have already filed for bankruptcy. bankruptcy due to the huge decline in oil prices on world markets.

The material appeared on the website:

11 June 2016:
" USA: record wave of oil company bankruptcies
author avatar
PMR team

Share this article:

PMR in the media

pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
years on the market
0 +
proceedings
0 +
customers
0 +
en_GBEnglish
Scroll to Top