The company said it will eliminate $7 billion in debt though the restructuring.
Aubrey McClendon was facing charges that he conspired with another company to not bid against each other for oil and natural gas leases.
The coal company said it is delaying a $90 million interest payment to continue discussions with creditors regarding a balance sheet restructuring.
In light of a recent lawsuit, CFOs should take a fresh look at how personal use of company aircraft is identified and reported for proxy purposes.
The coming mandatory disclosure of plan fees could give participants a nasty shock.
