Beware of shadow bankruptcy
Jun 15th, 2009 | By mrposse | Category: BankruptcyFinancial actors such as hedge funds increasingly influence large Chapter 11 cases, such as Chrysler’s and GM’s. With Chrysler LLC’s sale to Fiat SpA past the U.S. Supreme Court, and with General Motors Corp. commencing its own “surgical” bankruptcy on the Chrysler model, it may be tempting to think that we’ve turned a corner: Tentative [...]
