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See Bodie, Kane, and Marcus (2018, p.641). 88 Unlike Chapter7 bankruptcy, which requires liquidation, Chapter11 bankruptcy gives a company time to reorganize and get out
See Bodie, Kane, and Marcus (2018, p.641). 88 Unlike Chapter7 bankruptcy, which requires liquidation, Chapter11 bankruptcy gives a company time to reorganize and get out of bankruptcy; see Fusaro and Miller (2002) op. cit., p.178.
See Bodie, Kane, and Marcus (2018, p.641). 88 Unlike Chapter7 bankruptcy, which requires liquidation, Chapter11 bankruptcy gives a company time to reorganize and get out of bankruptcy; see Fusaro and Miller (2002) op. cit., p.178.
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