Texas bankruptcy lawyers expect bankruptcy filings and restructuring activities to increase by an average of 30 percent in 2016, according to a new survey by Houston-based financial consultancy HSSK LLC. Not surprisingly, oil and gas will be the main driver of the bankruptcy increase - 84 percent of the survey participants identified oil and gas price levels as the factor having the largest impact on restructuring activity in Texas. Prices are not likely to go anywhere in the near future -...
