• Bloomberglast month

    Energy Investors Celebrate Price Jump, Then Call the Lawyers

    For most investors, the rebound in energy prices is reason to celebrate. For others, it’s cause to litigate.

  • American City Business Journals3 months ago

    Main Line oil and gas company files for bankruptcy

    Penn Virginia, a Main Line oil and gas company with a big drilling presence in Texas and at Pennsylvania's Marcellus Shale wells, has filed for Chapter 11 bankruptcy in the Eastern District of Virginia. Penn Virginia, which did not respond to a request for comment, is asking the court on Friday for permission to begin spending a $25 million bankruptcy loan. Jefferson's integrative medicine center launches 'brain health' program "This is an important step forward for Penn Virginia," said Edward B. Cloues II, Penn Virginia's interim CEO.