Shale Oil Company Chesapeake Energy Files for Bankruptcy
The company said it will eliminate $7 billion in debt though the restructuring.
Ex-Chesapeake CEO Dies a Day After Indictment
Aubrey McClendon was facing charges that he conspired with another company to not bid against each other for oil and natural gas leases.
Arch Coal Staves Off Bankruptcy
The coal company said it is delaying a $90 million interest payment to continue discussions with creditors regarding a balance sheet restructuring.
New Threat to Personal Use of Corporate Jets?
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.