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The U.S. Bankruptcy Code, drafted before the advent of the Internet, faces new questions in an e-commerce world. Chapter 11 was intended to encompass all businesses regardless of type, size, form or ownership structure, but the rise and fall of numerous e-commerce and dot-com companies during the past five years raises a new challenge to Chapter 11's "one size fits all" approach.
March 22, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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