Provides an overview of the bankruptcy proceedings in the U.S. courts, and a framework for assessing different sources of uncertainty and their implications for the various stakeholders of the company in an attempt to reorganize with creditors or is planning to open a court-supervised reorganization under Chapter 11 bankruptcy. Recent data on the documents submitted, as well as a summary of the hierarchy of needs and plan the event of bankruptcy. While the stigma associated with bankruptcy managers and boards of directors decreased, companies can use the threat of voluntary bankruptcy as a bargaining tool to negotiate with creditors. "Hide
by William W. George, James M. Sharp, Andrei N. McLean 7 pages. Publication Date: November 8, 2006. Prod. #: 407035-PDF-ENG
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