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Rancorous bankruptcies stretch from Hawaii to San Francisco to Manhattan. As the pot of money gets ever smaller and the creditor constituencies grow even larger in today's bankruptcies, no legal argument or ploy is off-limits. So why hasn't anyone really seized upon the use of the "deepening insolvency" theory to press their claims against debtors and their management?
June 02, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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