From: Gerard J Keating (gerard.keating at domain fintrax.com)
Date: Thu 23 Aug 2001 - 17:21:43 IST
Dave Neary wrote:
> The story is that if things go well for them, they'll eventually be able
> to pay all their creditors and get back to normal business. However,
> it's nigh impossible to run a business with no credit line (which it's
> almost impossible to get while you're bankrupt). So things don't look
> too rosy.
I have seen some companies trade in Chapter 11 for some time, and return from
the brink...
The same comcept exist under irish company law...
-- Gerard Keating Tully Fintrax Teo Ballinahown Tel: +353 91 558205 Galway Fax: +353 91 558222 Rep. of Ireland
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