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Analysis

Oil Bankruptcy Fights Loom As Prime Lenders Get Squeezed

By Keith Goldberg (September 4, 2019, 8:36 PM EDT) -- The latest bankruptcy wave hitting the U.S. oil patch has experts bracing for longer and nastier court battles fueled by depressed asset values starting to bite banks and other first-lien lenders, which could increasingly leave junior and unsecured creditors empty-handed....

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