Restructuring Recap

Reality denied comes back to haunt. ― Philip K. Dick The untold story of American Airlines’ big payout (Fortune): After finally succumbing to a bankruptcy filing that many restructuring professionals felt was inevitable, American Airlines has shocked the...

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Restructuring Recap

Eventually we all have to accept full and total responsibility for our actions, everything we have done, and have not done. ― Hubert Selby Jr., Requiem for a Dream Lehman Payout Tops $80 billion (Reuters): At the time of its bankruptcy filing in September 2008, few...

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