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The recent flood of telecommunications companies filing for relief under the Bankruptcy Code is not likely to ebb anytime soon. Two doctrines that will continue to play a prominent role in these bankruptcy cases are those of setoff and recoupment. A recent decision by a Delaware bankruptcy court in In re Telephone Warehouse Inc. illustrates the applicability of those doctrines in a Chapter 11 case.
May 31, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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