Bankruptcy stick helps seal 9650 cases with 3.7…

New Delhi: The fear of the bankruptcy action has helped settle over 9,650 cases involving claims of around Rs 3.7 lakh crore, with companies and their promoters settling the dues before the case was admitted…

Chesapeake Energy, a pioneer in the U.S. shale…

A worker on a Chesapeake Energy natural gas rig in Fort Worth, TexasMatt Nager | Bloomberg | Getty ImagesChesapeake Energy, the poster child of the U.S. shale revolution, filed for bankruptcy protection on Sunday. The…