Crowds of people are hitting grocery stores. Instead of buying preparations for Thanksgiving meals, however, they are buying Twinkies. Last week, Hostess declared that it would need to liquidate and could not continue its Chapter 13 bankruptcy plan.Of course, that...
American Airlines is hopeful that its Chapter 11 bankruptcy reorganization plan will help the company emerge from the bankruptcy quickly and more profitably.In a Chapter 11 bankruptcy, a debtor may continue to run the business during the bankruptcy. The debtor must...
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