Business bankruptcies in Pennsylvania and other jurisdictions often serve the purpose of bringing together the bankrupt company with an investment firm that acquires most or all of the company's assets. This happened recently in connection with the Chapter 11...
Month: April 2016
Large solar energy company contemplates Chapter 11 bankruptcy
Ironically, the low price of oil has hurt not only oil drillers and producers but has affected to some extent the renewable energy industry nationwide, including in Pennsylvania. The most glaring example of that influence can be seen in the impending bankruptcy of...
Shale oil company considers bankruptcy amidst revenue slump
The steep slide in oil prices has affected the shale oil industry in the United States. Several of the high-profile companies in the industry may consider bankruptcy reorganization or even liquidation. The industry has a fair share of companies operating in the...