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The Examiners: Remain Thoughtful About Oil and Gas Investments

04/06/15

How much stress can we expect to see for oil and gas producers and related companies as a result of the current low prices? And what special issues does this industry face when it’s time to restructure or file for bankruptcy?

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The Examiners: Weakened Companies Failed to Manage Risk

04/06/15

How much stress can we expect to see for oil and gas producers and related companies as a result of the current low prices? And what special issues does this industry face when it’s time to restructure or file for bankruptcy?

[more]

The Examiners: Strain on Oil and Gas Companies Poses Unique Challenges

04/06/15

How much stress can we expect to see for oil and gas producers and related companies as a result of the current low prices? And what special issues does this industry face when it’s time to restructure or file for bankruptcy?

[more]

The Daily Docket: Delia’s to Sell Distribution Facility

04/06/15

Liquidating retailer Delia’s Inc. received bankruptcy-court approval to sell its distribution facility in Pennsylvania for $3.95 million. Read the Daily Bankruptcy Review article here.

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Forward Motions: Doral Financial, ProNerve Seek Court-Supervised Sales

04/03/15

On Thursday in Manhattan, Doral Financial Corp. will seek court permission to sell its insurance arm to Anglo-Puerto Rican Insurance Corp. for $10.75 million, subject to higher bids at an auction.

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Lehman Brothers’ Richard Fuld to Speak in NYC in Late May

04/03/15
Reuters

Richard Fuld, who was chief executive of Lehman Brothers Holdings Inc., has been largely out of the public eye since the firm collapsed in 2008. But that’s set to change next month.

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The Daily Docket: Judge to Approve Revel Sale to Glenn Straub

04/03/15
This May 30, 2014, photo shows the former Revel Casino Hotel in Atlantic City, N.J.
Wayne Parry/Associated Press

A bankruptcy judge Thursday said she wou

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The Price of Justice: How MM&A Railway is Splitting up Victim Fund

04/02/15
A firefighter works on the scene of a train derailment in Lac-Mégantic, Quebec, in this July 7, 2013 file photo.
Christinne Muschi/Reuters

On July 6, 201

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Distress in the Oil Field

04/02/15

Since June 2014, the price of oil has plummeted  to less than $50 per barrel from more than $100. Although forecasters seem to think the price will rebound, there is not much consensus on when that will happen. A recent MoneyBeat report showed that analysts predict the price of oil could end 2015 anywhere between $52 and $84 a barrel.

In the world of distress, the effects of low prices are already beginning to be felt by some in the industry.

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The Daily Docket: Revel Casino Gets Two New Bids

04/02/15
Wayne Parry/Associated Press

At least two new offers to buy the Revel Casino Hotel have surfaced, challenging Florida developer Glenn Straub’s bid to buy the shuttered Atlantic City, N.J., resort for $82 milli

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