Congressional Bill Would Impair Ch. 11 Mass Tort Resolution

By Josiah Daniel (July 30, 2021, 3:40 PM EDT) -- The long history of business bankruptcy is the story of Congress providing, over the course of more than a century, a process to make the best of the bad situation when a firm's liabilities overwhelm its assets and operations. The system isn't perfect, but it works reasonably well to compensate those with claims....

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