Chesapeake Energy (CHK) fails to win a court order in its request for an emergency ruling...

|About: Chesapeake Energy Corporation (CHK)|By:, SA News Editor

Chesapeake Energy (CHK) fails to win a court order in its request for an emergency ruling allowing it to start redeeming $1.3B in notes early without automatically incurring the risk of paying ~$400M in interest sought by BNY Mellon (BK). CHK, which had hoped for a favorable ruling to help it close a potential $4B cash shortfall this year, -0.6% AH.