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California Resources ( OTCPK:CRCQQ ) has appointed Francisco J. Leon as Executive Vice President and Chief Financial Officer of the company, effective August 14. More news on: California Resources Corporation, Energy stocks news, Read more ...
The Ch.11 bankruptcy of California Resources Corp. ( CRCQQ ) is becoming an interesting bankruptcy case study. The original RSA was significantly changed only about a week after it was announced. First-priority lien debt holders are getting the same recovery as unsecured noteholders. While the...