Report: Oil Sector Bankruptcies Drop to Two-Year Low

According to the Houston Chronicle, oil sector bankruptcies have fallen to a two-year low as crude oil prices rise.

U.S. ABL Facilities Demonstrate Full Recovery in Bankruptcy

According to a new Fitch Ratings report, U.S. asset-based lending facilities present in a defaulted issuer’s capital structure demonstrated complete recoveries in a bankruptcy scenario..

Back in Business: After a Rash of Bankruptcies, Retailers Are in Fighting Shape for 2011

Given what Spence Mehl calls “a bloodbath of bankruptcies” in the retail space in 2008 and 2009, last year brought surprisingly fewer bankruptcies than most had anticipated. And while bankruptcy still loomed heavily for nearly all the big chains in 2010, the difference was that retailers themselves executed their own top-to-bottom restructuring plans. But, Mehl warns, retailers aren’t out of the woods yet.