Ultra Petroleum Requests ‘First Day’ Energy XXI Bankruptcy Documents – Bankruptcy Filing Within 48 Hours?

Ultra Petroleum could declare bankruptcy as early as market close April 28, 2016 and will almost certainly declare bankruptcy at market close April 29, 2016 if not prior. Ultra Petroleum will see a temporary delay in payment obligations effectively expire April 29, 2016. We don’t believe Ultra Petroleum has the… Read more“Ultra Petroleum Requests ‘First Day’ Energy XXI Bankruptcy Documents – Bankruptcy Filing Within 48 Hours?”

Financial Resources and Counseling Served up at Small Business Luncheon

When approached by the pastors with questions on nonprofit loans, Meeks assured them Seaway Bank is looking to have an informational meeting for nonprofit businesses later in the year.” The SBA develops small business loans and assistance programs, special outreach efforts and initiatives to inform and assist small businesses. Over… Read more“Financial Resources and Counseling Served up at Small Business Luncheon”

Brooklyn Club Verboten Reopens After Filing For Chapter 11 Bankruptcy

Verboten released a statement about the state of the club over the weekend. Bankruptcy protection requires us to meet our contracted obligations but the court will also be looking into all contracts and holding promoters, agents and DJs to their contracts and obligations as well, wrote the club. See the… Read more“Brooklyn Club Verboten Reopens After Filing For Chapter 11 Bankruptcy”

Why Credit Unions Are a Favorite Funding Option for Small Businesses

Small business loans from credit unions earned the second highest satisfaction rate from borrowers who received funding, according to the 2015 Small Business Credit Survey by the Federal Reserve Bank of New York. These loans may soon become even more attractive, thanks to a key change: personal guarantees (PGs) will no longer… Read more“Why Credit Unions Are a Favorite Funding Option for Small Businesses”