Bankruptcies Suddenly Soar Across Corporate America, Worst First Quarter Since 2009

http://www.thestreet.com/story/13116087/1/bankruptcies-suddenly-soar-across-corporate-america-worst-first-quarter-since-2009.html?utm_content=buffer86391&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

This isn't the list of a single troubled sector that ran out of luck. This isn't a single issue, such as the oil-price collapse. It's a broader phenomenon: too much debt across a struggling economy. And now the reckoning has started.
The list only contains publicly traded companies that have already filed. But the energy sector, for example, is full of companies that are owned by private equity firms, such as natural gas driller Samson Resources, which warned in March that it might resort to bankruptcy to restructure its debt. Similar troubles are building up in other sectors.