Front Page
Apr. 23, 2002
Going for Broke
The U.S. Bankruptcy Court in Delaware is ailing, and Chapter 11 reorganization petition filings are shifting to New York's Southern District. As long as those courts continue to draw large bankruptcy filings, however, lawyers in California's Central District will be fighting an uphill battle to attract big business.
"Did you hear why Enron chose New York's Southern District over Delaware when it filed for Chapter 11 last year?"
"No, why?"
"Delaware didn't have enough hotel rooms for all of its lawyers."<...
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