Key To Turnaround May Be Only A Click Away

Law360, New York (June 9, 2008, 12:00 AM EDT) -- With oil prices surging and the market declining, more and more companies are trying to devise creative ways to navigate the choppy economic waters, and one company believes it may have the answer.

Though the old saying goes “nothing ventured, nothing gained,” such a gamble could prove fatal for a company in as tough financial times as these.

On Wednesday, Oregon real estate developer Legend Homes Corp. filed for bankruptcy protection, joining the ranks of numerous businesses that have fallen prey to the struggling real estate...
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