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James D. Newell, shareholder in Buchanan’s Bankruptcy and Insolvency section, was quoted in a Pittsburgh Business Times article, “Energy woes trigger surge in business bankruptcies.”

Companies have credit facilities that they have to maintain and “there’s a lot of downward pressure” due to the large out-of-town bankruptcies, noted James Newell, a shareholder at Buchanan Ingersoll & Rooney PC whose practice centers on bankruptcy and corporate reorganizations.