Analysis

Ch. 11 Lenders Are Flexing Their Muscles — At Their Own Risk

By Emily Lever (September 26, 2023, 6:28 PM EDT) -- As the turbulent U.S. economy has left more companies deep in distress by the time they seek bankruptcy, lenders have moved in to take advantage, playing on debtors' desperation for asset sales as they try to stay in business, but exposing them to risks — including the ire of judges....

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