Stephen Eide: Bankruptcy no substitute for political will - The Prov...

Stephen Eide: Bankruptcy no substitute for political will
The Providence Journal (subscription)
... doesn't work the way corporate bankruptcy is supposed to work, as Haifa University's Omer Kimhi and others have pointed out: About three-fourths of companies that file for bankruptcy do so to liquidate their assets under Chapter 7 of the bankruptcy ...
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