Business Insider -
21 Nov 2015 14:23

The energy sector has been getting hammered, and that has Wall Street on high alert. The commodity slump has put a number of companies under pressure. Oil and gas companies are edging toward default, and big banks are pulling back from lending to the industry. Restructuring lawyers, activist investors and distressed debt specialists are all gearing up for a flood of new business. "We’re seeing more restructuring, already," Michael Sage, co-chair of Dechert LLP’s business restructuring...
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