Chesapeake Energy voluntarily files for Chapter 11 protection.
International Resource News-June 30, 2020--Chesapeake Energy voluntarily files for Chapter 11 protection
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International Resource News - 30 June 2020
United States-based Chesapeake Energy Corporation has voluntarily filed for Chapter 11 protection in the United States Bankruptcy Court for the Southern District of Texas.
The firm aims to use the proceedings to strengthen its balance sheet and restructure its legacy contractual obligations to achieve a more sustainable capital structure.
The company stated that it is...
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