Corporate Bankruptcy

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Corporate Bankruptcy

The legal process by which a company or other business declares that it is unable to pay its debts and requires relief. In the United States, there are two kinds of corporate bankruptcy. Chapter 7 provides for liquidation of a business and the discharge of debts. Chapter 11 allows corporations to continue operations after reorganization and forgives debts that companies cannot repay.
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It is believed that corporate bankruptcies in the country have climbed by 7.
Compared with September, however, there was a decline as Graydon had reported 1,069 corporate bankruptcies in September.
As Trump stated in the interview, these Chapter 11 corporate bankruptcies were used to negotiate debt deals.
Skeel's projection is based on a recent ABI Poll in which 67 percent of respondents agreed that despite a recent sharp drop in public company filings, corporate bankruptcies will be up in 2007 due to a shake-up of the many highly leveraged transactions over the past several years, according to a statement from ABI.
ADPnews) - Jun 25, 2010 - The number of corporate bankruptcies in Austria in the first half of 2010 fell by 7.
He testified before Congress on the issue of corporate bankruptcies that need to give workers greater protection of their benefits; he stood up in the nation's capital to defend against budget cuts of the State Children's' Health Insurance Program; and he raised his voice during the 2012 election in support of now U.
In June alone, the number of corporate bankruptcies declined 8.
SeeNews) - Feb 4, 2014 - Corporate bankruptcies in Belgium totalled 1,075 in January 2014, more than 4% down from the same period a year earlier, figures of research agency Graydon showed Tuesday.
SeeNews) - Jan 9, 2014 -A The number of corporate bankruptcies in Belgium fell by 13 year-on-year to 906 in November 2013, figures of the statistics department of local Federal Public Service showed Tuesday.
These products add to the suite of offerings from New Generation Research, enhancing its reputation as the leading provider of data and research on corporate bankruptcies and distressed companies.
Much has been written about the alarming uptrend in corporate bankruptcies.
Now is not the time to increase the market risk profile of the Government Pension Investment Fund, Aside from the demographics, the fund's problems are further compounded because corporate bankruptcies are soaring and more funds are giving up on managing the government welfare pension portion of in-house pension plans.

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