Energy: Samson Resources’ Prenegotiated Reorganization Plan with Fulcrum Debt

As predicted at the Commercial Finance Association’s Fourth Annual Energy Summit on September 16th, we should start seeing more and more oil & gas companies struggle to survive in the wake of continued low commodity pricing.  While we witnessed some… Read More ›

Business Bankruptcy Filings Are Down Substantially

It appears that businesses are not filing bankruptcy at a pace that was predicted earlier this year, after Kodak and Hostess filed their bankruptcy cases, and following AMR‘s fourth quarter filing in 2011.  See Where Are the Tidal Waves of Chapter 11… Read More ›

Valence Technology Files Bankruptcy

On July 12, 2012, Valence Technology, Inc., a developer and manufacturer of advanced energy storage solutions that is headquartered in Austin, filed for chapter 11 bankruptcy in the Western District of Texas.  It has been assigned Case No. 12-11580. Valence is a global… Read More ›