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Coal mining company may see Chapter 11 in its future

This week we continue our discussion on struggling businesses in the energy business. The mining business seems to be having a dark moment of its own. Recently, U.S. coal producer Peabody Energy Corp failed to meet an interest payment deadline. The payment was...

Oil producer may have to file Chapter 11

Throughout the years we have seen certain industries being hit hard at one time or another. It seems that quite a few companies in the energy industry are feeling the heat currently, as quite a few have announced efforts to restructure their debt. The latest company...