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Share Name | Share Symbol | Market | Type |
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TheStreet Inc | NASDAQ:TST | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 6.44 | 6.45 | 6.48 | 0 | 01:00:00 |
NEW YORK, April 27, 2015 /PRNewswire/ -- The Deal announced the results of its quarterly rankings of the top firms and professionals involved in active bankruptcy cases for the first quarter of 2015. Data collected captures only active bankruptcy work on ongoing U.S. and Canadian cases.
"Bankruptcy professionals are seeing a steady increase in smaller companies utilizing Article 9 sales of distressed assets to save significant time and money compared to Section 363 transactions in Chapter 11," said Kirk O'Neil, bankruptcy reporter at The Deal. "Concerns about the expenses associated with Chapter 11 cases will continue to steer smaller companies with uncomplicated cases away from the federal courts until the bankruptcy industry can get a handle on the high cost of fees required in these cases."
League Table highlights:
The full suite of rankings is available now on The Deal and the full report is also available online.
About The Deal's Bankruptcy League Tables
The Deal's Bankruptcy League Tables are the industry's only league tables focused solely on active bankruptcy cases. The Bankruptcy League Tables by volume involve only active U.S. bankruptcy cases of debtors with liabilities of $10 million or more. The rankings are based on the aggregation of those liability values. The table reflects the number of active cases fitting that criteria and may not characterize the total number of active cases. Firms and professionals only get one credit for each active case, not each active assignment. The Bankruptcy League Tables by number involve U.S. and Canadian bankruptcy cases irrespective of debtor asset size. Professionals receive credit for multiple assignments on one case.
About The Deal
The Deal is a media and relationship capital company providing over 100,000 users with business opportunities sourced from proprietary deal news and a relationship discovery tool. Law firms, investment banks, private equity and hedge funds use The Deal's insight and analysis about potential and announced transactions to find their next deal and BoardEx's service and database for building relationships. The Deal has offices in New York, London, Washington, D.C., Petaluma, CA and Chennai, India. For more information, visit www.thedeal.com.
Logo - http://photos.prnewswire.com/prnh/20130305/NY70755LOGO
Contact: Aedin Moloney, TheStreet, Inc., Aedin.Moloney at thestreet.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-deal-announces-results-of-q1-2015-bankruptcy-league-tables-300072522.html
SOURCE TheStreet, Inc.
Copyright 2015 PR Newswire
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