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Bad News Is Good News: ‘Distressed for Control’ Investing
Apr 26, 2006
Looking to make a profit from companies that have failed to do so and are on the brink of bankruptcy, 'distressed for control' investors restructure businesses by bringing in new[…]
The Next Chapter in Bankruptcy Law: What Does It Mean for Debtors and Creditors?
Nov 21, 2005
After years of lobbying, credit card issuers and other business groups got their wish last spring: a bankruptcy law change making it harder for individuals to walk away from their[…]
Turnaround Artist Stephen Cooper Is Swamped: First Enron, Now Krispy Kreme, and More to Come
Mar 09, 2005
Just as corporate-turnaround specialist Stephen F. Cooper was winding down his job as interim CEO of bankrupt Enron Corp., he was hired to rescue Krispy Kreme Doughnuts, Inc. Cooper, chairman[…]
Is the Latest Corporate Bankruptcy Strategy a Death Knell for Pensions?
Oct 06, 2004
Chapter 11 filings by US Airways and United Airlines, and the possibility of other airlines following them into court, bring new attention to bankruptcy reorganization as a management strategy. For[…]
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