7 ms·
Plenty of other companies continue after bankruptcy restructuring as well. American Airlines, General Motors, and Marvel Entertainment all went through bankrupt
by sokoloff 4y ago
Plenty of other companies continue after bankruptcy restructuring as well. American Airlines, General Motors, and Marvel Entertainment all went through bankruptcy in their past.
- CameronNemo 4y agoYeah I think finance might be the exception more than the rule. If you're gm people might say "oh they make good cars but didn't get the finances right, so they had some trouble". The brand isn't hurt. But if your main product is financial, if your brand value is directly dependent on the financial security people feel about it, bankruptcy is a major blow to the brand.