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You are here: Home / 2008 / Archives for November 2008

Advantage of Corporate Bankruptcy is Dwindling

source for article: New York Times, November 19, 2008 By JONATHAN D. GLATER Harsh as it is, a bankruptcy filing has always offered a glimmer of hope for a business hobbled by debt or a downturn. A company could slim down, negotiate manageable payments to workers and suppliers and keep going, …

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