Thursday, May 12, 2005

What You Don't Know about the Bankruptcy Law


It's not just about individuals. Largely overlooked corporate provisions of the new law require companies to make quicker decisions on leases, pony up more upfront cash, and shed some of their exclusive right to file reorganization plans

Over the past few months, the media has doggedly reported on the progress and final passage of the new federal bankruptcy law, focusing on its effects on individuals. The impact that it will have on business has gotten little attention.

See full Article.