. The price per barrel surged by almost 90% for the month to settle at about $35 last Friday.
"It's going to be a very different wave of bankruptcies for the industry this time around," he said. "Obviously it's going to be bigger. But importantly, they're going to be harder cases to launch." ReutersWhen you hear that a company is going bankrupt, you may assume that it's essentially dead, never to return again.
"In most cases, this doesn't mean that they don't have the funds necessary to pay the minimal filing fees, but rather that they don't have the liquidity necessary to pay the sometimes-hefty retainers that could likely be required to retain professionals in advance of filing a case," Brandt said. "Even if there is some comfort on the bases to forecast demand, the fallout in the industry is likely to be so widespread that there is a question whether there will be enough funding available to meet the need," he said. 10 lawyers who navigated the biggest bankruptcies in history are seeing a boom in business thanks to a restructuring surgeFor some companies that can't afford to run a Chapter 11 case, they'll simply do nothing, Brandt said.
In some more dire situations, however, companies may file for another form of bankruptcy known as Chapter 7.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Lets throw billions of wasted dollars at a commodity (oil) that is worth less than zero instead of the booming cannabis sector, deemed essential. Billions in taxes PAID! Legalize Cannabis Nationally Now
Lot of actual humans can’t either
time for a GreenNewDeal
Congo health ministry confirms at least 4 new EbolaOutbreak Deaths in Western city
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Amex sees slight improvement from billings - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
The fire Zuck started won't stop at Facebook - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. BorisJohnson condemned the 'inexcusable' death of GeorgeFloyd but refused to criticise Donald Trump How will they convince him to fire himself? I think the stock price says everything.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Zuckerberg: Facebook won't back down on Trump's posts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. He gone end up like Tom at that lonely computer Surprise - Mark Z is an entitled rich white kid who loves Trump Good for him 👏🏼👏🏼👏🏼👏🏼
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Green Dot is collaborating with a tech company on a bank account for immigrants - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Amazon workers accuse company of hypocrisy over George Floyd statement - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Amazon workers are free to quit... talk is cheap. Fuck Amazon Bezos is a bigger threat than Isis, his ultimate goal is presidency
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
McDonald's, Target, Apple, other big companies speak out amid protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »