Interim CEO of Samson Resources to Depart in February

01/27/16

Samson Resources Corp.’s interim chief executive is stepping down next month, Daily Bankruptcy Review reports via The Wall Street Journal.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

According to WSJ, Puerto Rico plans to hold debt-restructuring talks on Friday.

Residents of Atlantic City, N.J., are angry and frustrated at New Jersey Gov. Chris Christie’s proposal for a state takeover of the struggling city, WSJ reports. Mr. Christie said he isn’t looking at bankruptcy, and the city’s financial problems are also a political issue in the GOP presidential race.

The U.S. government is balking at Swift Energy Co.’s plans to sell most of its Louisiana oil and gas assets, DBR reports via WSJ.

Bankers are shrugging off energy market worries, but investors aren’t, MoneyBeat reports.

Alpha Natural Resources is laying off nearly 900 people at its West Virginia mines, the Associates Press reports.

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa

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