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We should expect to see more pre-packaged bankruptcy filings this year by large businesses. Might be the sort of bankruptcy has always been around, it was became an talent in this year. The basic idea for you to put the screws to the creditors while threatening a bankruptcy filing. Those creditors will not agree on the deal provided are then washed away in bankruptcy while people who agree emerge the other side with some interest still in the company, often an equity interest.
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