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Arch Coal Inc.ACIIQ -22.46%’s bankruptcy filing has some citizens groups are worried about its ability to clean up pollution at its Wyoming mines, Daily Bankruptcy Review reports via The Wall Street Journal. A bankruptcy judge approved the reorganization plan for the New York City Opera more than two years after it ran out of money[…]
A few days ago, the U.S. Supreme Court declined to review the Tetzlaff case. Many will interpret this decision as a nod to the status quo’s high difficulty in discharging student loans in bankruptcy. While I am disappointed with the high court’s decision not to decide, I found that all may not be lost. As[…]
Bankruptcies are on the decline in Georgia, but the Peach State continues to hang onto its position as one of the top states in the nation for bankruptcy filings. Georgia ranked third nationally for its rate of bankruptcy filings in 2015, behind Tennessee and Alabama, according to new statistics from the American Bankruptcy Institute (ABI)[…]
Crude-oil prices plunged more than 5% on Monday to trade near $30 a barrel, making the specter of bankruptcy ever more likely for a significant chunk of the U.S. oil industry. Three major investment banks — Morgan Stanley MS, -4.18% , Goldman Sachs Group Inc. GS, -2.12% and Citigroup Inc. C, -1.81% — now expect[…]