WSJcomBankruptcyBeat

Coming and Going Concerns

05/16/16

Jorge Neri Bonilla has become partner at legal and business counseling firm JNF & Asociados in Los Angeles, where he will work on strategic business consulting and negotiation. Mr. Bonilla, an entrepreneur who speaks English and Spanish, has experience in bankruptcy, restructuring, banking transactions and mergers and acquisitions. He also has experience in energy and petroleum deals.

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The Energy Companies for Which Oil Rebound Came Too Late

05/16/16

SandRidge Energy filed for bankruptcy protection on Monday, joining a growing list of companies that weren’t able to hang on long enough to enjoy the rebound in oil.

Crude oil prices have climbed 76% since dropping to a 13-year low in mid-February. But that’s come too late for a number of oil-and-gas companies that have recently turned to the bankruptcy courts to restructure their debts.

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Venoco Restructuring Highlights Unusual Oil Well

05/16/16

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As oil and gas explorer Venoco seeks to move forward with its debt restructuring, it must confront the fate of an unusual oil well: one on the grounds of Beverly Hills High School.

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Los Angeles-Based Breitburn Energy Enters Bankruptcy

05/16/16

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Next Week in Bankruptcy

05/13/16

On Monday, Pacific Sunwear of California Inc. will look to move a step closer to exiting bankruptcy protection when it asks a judge for approval to send out its reorganization plan to creditors for a vote. The retailer filed its so-called disclosure statement, or plain-language outline of its bankruptcy plan, when it sought chapter 11 protection in April. Unsecured creditors and certain term-loan lenders will be allowed to vote on the plan. Pacific Sunwear has roughly $60 million in unsecured debt, including claims for unpaid rent and leases, court papers show.

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TerraForm Global Feels Heat From Lenders

05/13/16

[wsj-responsive-image P="//art.wsj.net/api/photos/37700261/smartcrop?height=499&width=749" J="//art.wsj.net/api/photos/37700261/smartcrop?height=639&width=959" M="//art.wsj.net/api/photos/37700261/smartcrop?height=853&width=1280" caption="A 20-megawatt photovoltaic solar power generation facility owned by SunEdison is shown in Hemet, Calif. " credit="Reuters" placement="Inline" suppressEnlarge="false" ]

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What India’s New Bankruptcy Law Means – The Short Answer

05/12/16
Amit Dave/Reuters

What Is India’s New Bankruptcy Code?

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Energy Company Penn Virginia Files For Bankruptcy Amid Oil Slump

05/12/16

Energy producer Penn Virginia Corp. filed for chapter 11 bankruptcy protection Thursday, in the latest oil-patch bankruptcy driven by sustained low energy prices, The Wall Street Journal reports.

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One Word in Bankruptcy Law That Could Lead to More Forgiven Student Loans

05/11/16

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The instructions from Congress for how a struggling student loan borrower can attempt to leave that debt behind in bankruptcy contains one word that can have two meanings.

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Oil and Gas Company Chaparral Has Cash for Turnaround

05/11/16

[wsj-responsive-image P="//si.wsj.net/public/resources/images/BT-AI624_BHP_SU_P_20160510192623.jpg" J="//si.wsj.net/public/resources/images/BT-AI624_BHP_SU_J_20160510192623.jpg" M="//si.wsj.net/public/resources/images/BT-AI624_BHP_SU_M_20160510192623.jpg" credit="BHP/Agence France-Presse/Getty Images" placement="Inline" suppressEnlarge="false" ]

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