The Richard B. Russell Federal Building and U.S. Courthouse in downtown Atlanta houses a high-volume bankruptcy court.

Georgia still a bankruptcy leader, even as filings decline

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) Read more about Georgia still a bankruptcy leader, even as filings decline[…]

Mitchell Cunningham Bankruptcy

Plunging prices could force a third of U.S. oil firms into bankruptcy

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 Read more about Plunging prices could force a third of U.S. oil firms into bankruptcy[…]

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