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Fueled by recession and led by such corporate giants as Enron Corp., Pacific Gas & Electric and Reliance Group Holdings Inc., bankruptcy filings reached a historic high in 2001, after two consecutive years of decline in 1999 and 2000. But experts fear the filings may be topped in 2002. "I think the second wave is yet to come. We've just seen the tip of the iceberg," says bankruptcy specialist Deborah A. Crabbe.
January 04, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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