The Examiners: Chapter 11s Don't Always Fix the Underlying Busi...

11/03/14

The Examiners: Chapter 11s Don't Always Fix the Underlying Business
Wall Street Journal (blog)
When a company files for Chapter 11 protection a second, third or even fourth time, who's to blame? It is said that success has many fathers and failure is an orphan. Many investors in distressed debt and securities use their leverage in restructurings ...