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Bankruptcy

: Arizona Bankruptcy Attorney Blog

Who Will File Next? Well, I Guess It Was Time for Ultimate Electronics

By Joseph McDaniel, Esq.

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I used to think that if a company became big and strong, it was forever safe.

But when I was working for a publicly traded company, I discovered that you're only as good  as your last quarterly report.

Now, apparently it wasn't a bad quarterly report that was the problem for Ultimate Electronics; but when the suppliers stop supplying, it's hard to keep retailing! 

You know?

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Full post as published by Arizona Bankruptcy Attorney Blog on January 27, 2011 (boomark / email).

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