TITLE

Sometimes bankruptcy Is the Best Choice

AUTHOR(S)
Laughlin, Kate
PUB. DATE
February 2006
SOURCE
Investment Dealers' Digest;2/27/2006, Vol. 72 Issue 8, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
19953815

 

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