On January 30, 2017, Azure Midstream Partners LP (AZUR) announced that they, along with its affiliates and certain subsidiaries, began Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas.  This was in efforts to manage its debt obligations and conserve its going concern value. The company also anticipates filing a […]

In a recent article in Reuters, they state that analysts at Wells Fargo Securities wrote that oil prices below $40 per barrel are not sustainable for most producers and high cost structures are expected to push more oil producers into restructurings or bankruptcies in the next 12-18 months. Call Our Securities Lawyers To File Your Claim […]