Sometimes bankruptcy Is the Best Choice

Laughlin, Kate
February 2006
Investment Dealers' Digest;2/27/2006, Vol. 72 Issue 8, p13
Trade Publication
The article discusses the strategic bankruptcy risk of a business. One of the most prevalent strategic bankruptcy risks is the legacy costs associated with pension and benefits. Businesses from various industries are facing significant and rapidly growing liabilities from pensions and other benefits. Large bankruptcies are from companies that partially folded under the stress of pension and benefits liabilities.


Related Articles

  • Is bankruptcy the right choice?  // Toledo Business Journal;Jul2009, Vol. 25 Issue 7, p12 

    The article offers information on the factors to be considered before declaring bankruptcy during economic recession. According to the Ohio Society of Certified Public Accountants (CPAs), the first thing to do is to explain the company's situation to the concerned individuals or organizations...

  • Commercial bankruptcies up 53 % so far this year. Thurston, Lawson D. // Caribbean Business;12/4/2008, Vol. 36 Issue 48, p4 

    The article reports on the commercial bankruptcies filed in Puerto Rico through October 2008. According to the Puerto Rico Bulletin, bankruptcies recorded in the said period hit 7,459, 15% higher than the same period in 2007. It states that the factors triggering the trend include the country's...

  • The request for the insolvency of commercial companies in Albania. Katro, Kestrin; Peto, Zhaklina; Kola (Tafaj), Flutura // International Journal of Management Cases;2013, Vol. 15 Issue 3, p122 

    According to the Albanian law on bankruptcy, any entity may be the debtor in the insolvency proceedings, i.e. may bankrupt, apart from the state or any of its organs (of the central and local government), as well as those entities that conduct their activity in a sector regarded as strategic....

  • BANKRUPTCY FILINGS DROPPED 70% IN 2006.  // CardLine;4/20/2007, Vol. 7 Issue 16, p17 

    The article reports on the decline in the number of businesses filing for bankruptcy protection across the U.S. in 2006. Bankruptcy filings declined by 70 percent compared with 2005. An estimated 19,695 businesses filed for bankruptcy protection in 2006 compared with 39,201 in 2005. The decline...

  • Predicting And Pre-empting The Corporate Heart Attack. FitzGerald, Tom // Business Credit;Jun2006, Vol. 108 Issue 6, p68 

    The article presents information on how to predict and avoid a corporate failure effectively. It reflects that this failure becomes obvious to the management very late. There are certain patterns and behavioral symptoms for every business crisis that could be seen and measured. The corporate...

  • Why Bankruptcy Is Bad for Business. Hanft, Adam // Inc.;Jun2004, Vol. 26 Issue 6, p120 

    Presents information on the drawbacks of bankruptcy in the U.S. Effects of a multibillion-dollar corporation seeking bankruptcy protection on small businesses; Problems faced by small businesses that seek bankruptcy protection; Description of the approaches which can be used to address the issue.

  • Validez de la información financiera en los procesos de insolvencia. Un estudio de la pequeña empresa española. Campillo, José Pozuelo; Serer, Gregorio Labatut; Ferrer, Ernesto Veres // Cuadernos de Economía y Dirección de la Empresa (CEDE);ene-mar2013, Vol. 16 Issue 1, p29 

    In this paper we propose a dual purpose, first raised the possibility that this crisis has unevenly affected the motivation for companies to fail, and moreover, as a secondary objective, we try to check the validity of certain models prediction in a context of strong variation caused by the...

  • Are Euro Construction Firms Foundering?  // Bank Loan Report;3/14/2005, Vol. 20 Issue 10, p1 

    Reports on the bankruptcy and other issues affecting the construction firms in Europe. Concerns by bankers and analysts on the effects of the failure of construction companies on the economy; Difficulty to assess the credit quality of a company; Factors that can improve the financial performance...

  • Hungry for business. Heathcote, Andrew // BRW;2/23/2006, Vol. 28 Issue 7, p76 

    The article reports on the study which found that personal bankruptcies are on the rise but the market for corporate insolvencies remains depressed in Australia. Moreover, the increase in bankruptcies is blamed on the easy availability of consumer credit. The lack of work is not the only problem...


Read the Article


Sign out of this library

Other Topics