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Prepackaged Ch. 11 Filings Not Slowing Down: S&P

By Melissa Lipman (May 13, 2009, 12:00 AM EDT) -- The first quarter of 2009 marked an eight-year high for prepackaged bankruptcy filings, with six parent companies seeking Chapter 11 protection with $16.5 billion in debt, Standard & Poor's revealed in a report Wednesday, a trend the credit rating agency does not expect to see abate any time soon....

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