"Companies can - and do emerge - from Chapter 11 in a better state than when filing."
US airlines for one seem to yo-yo in and out of this one and GM is hardly a shining virtue of a well run company. I'd say it gives most companies the chance to rearrange the deckchairs on the Titanic.
Register
Not convinced
"Companies can - and do emerge - from Chapter 11 in a better state than when filing."
US airlines for one seem to yo-yo in and out of this one and GM is hardly a shining virtue of a well run company. I'd say it gives most companies the chance to rearrange the deckchairs on the Titanic.