It’s been quiet on the business bankruptcy front, especially compared with last month when Borders Group opened the book on its Chapter 11 case and handed work to several eager Am Law 100 firms.
But others companies could soon follow Borders. Power producer Dynegy disclosed in an SEC filing last week that it may be forced into bankruptcy if it can’t reach an agreement with creditors. (Last month Dynegy shareholders rejected a $665 million takeover offer by Carl Icahn.)
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
