4 ms·
Can we just do an expedited chapter 11, so the company is still functional when things come back online, but instead of the current shareholders you would have
by zzleeper 7y ago
Can we just do an expedited chapter 11, so the company is still functional when things come back online, but instead of the current shareholders you would have the current credit holders at the helm?
- socalnate1 7y agoWhy would you assume these companies would go bankrupt? In most cases they will just lay off a bunch of people (which is exactly what the legislation is designed to avoid).