Look Out for A Bankruptcy Rush

Laughlin, Kate
June 2005
Investment Dealers' Digest;6/20/2005, Vol. 71 Issue 24, p15
Trade Publication
Reports on the advantages of the Bankruptcy Abuse Prevention and Consumer Protection Act to companies seeking bankruptcy protection in the U.S. Use in allowing the filing company to post a cash deposit or equivalent in order to continue their service; Role in limiting the debtor's exclusivity period, which is the real boon of filing for bankruptcy; Benefit in cutting off the unlimited right to drag the bankruptcy process.


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