TITLE

Keys to a Prearranged Bankruptcy

AUTHOR(S)
Hogan, Jim
PUB. DATE
March 2011
SOURCE
Investment Dealers' Digest;3/25/2011, Vol. 77 Issue 12, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
In this article the author discusses prearranged bankruptcy as an instrument to move a company through the proceedings of Chapter 11 inexpensively, quickly, and with little disturbance to the business. He says that prearranged bankruptcy allows companies to ensure attractive financing and keep the trust of suppliers, customers, and employees. He adds that the end result of using prearranged bankruptcy can be a company that is leaner, more competitive, and sufficiently financed.
ACCESSION #
59760640

 

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