Some people who are new to the concept of bankruptcy as it relates to businesses may feel that the process is usually used by companies that pop up fast and quickly burn up. If a business has been around for a long time, some may think that it is somehow immune to...
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...
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...
