Quicksilver Resources skipped a $13.6 million interest payment to creditors, triggering a 30-day grace period that could end with the Fort Worth-based company filing for chapter 11 bankruptcy, the Dallas Business Journal reported yesterday. Quicksilver makes no guarantee that it will be successful in restructuring its debt in a timely manner or at all. The company also made it clear that it will seek voluntary protection under chapter 11 to restructure its capital structure. This comes one week after Quicksilver announced plans to cut its workforce by 10 percent and one month after the company was delisted from the New York Stock Exchange.
