The Credit Edge by Bloomberg Intelligence
The Credit Edge by Bloomberg Intelligence
Bloomberg
Judge’s Downfall Shocks Bankruptcy World; Oil M&A
29 minutes Posted Oct 19, 2023 at 7:55 pm.
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Show notes

The resignation of a top Texas bankruptcy judge after it emerged he was dating a leading lawyer has rocked the insolvency world. To analyze the fallout, we’re joined by Steven Church and Amelia Pollard from Bloomberg News. Creditors may now challenge some of the judge’s prior rulings, while his downfall revives scrutiny of where companies are filing for bankruptcy. Also in this episode of the Credit Edge, Bloomberg News senior editor James Crombie asks Bloomberg Intelligence analyst Spencer Cutter about a consolidation wave in the energy sector. Exxon Mobil’s acquisition of Pioneer Natural Resources may spur oil and gas sector consolidation that would boost bonds, Cutter says.

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