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Bankruptcy

: E-Everything for Bankruptcy Lawyers...

Will the Coming Flood in Commercial Bankruptcies Look Like 0's and 1's?

By R. Lee Barrett

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The piece below summarizes the dearly held beliefs of many bankruptcy practitioners throughout the country: that commercial bankruptcy is about to experience a huge up-tick in its cyclical progression. The continued onslaught of the sub-prime mortgage industry, coupled with $80 oil seems to have everyone on edge. That commercial credit, until recently, had been nearly as loose as the sub-prime mortgage industry, has been a poorly kept secret.Last week, the Bombay Co. filed for Chapter 11 protect read more

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Full post as published by E-Everything for Bankruptcy Lawyers... on September 24, 2007 (boomark / email).

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