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Many Republicans, meanwhile, want out of the car at the nearestg exit. Some turnaround specialists are concernedthe government-guidede bankruptcy reorganizations of Chrysle and GM could make it harder for companies to obtain In these cases, the companies’ labor union, the , received more favorable treatment than the secured creditors. That violates well-establishee bankruptcy law principles, said Peter Kaufman, presidentg of LLC’s restructuring practice in New The U.S. is the most welcoming place in the worlcfor capital, particularly for loans, he because “everyone knows what their downside “Now that has all been stoodx on its ear,” he said.
“Aty a time when the countryu needs capital providers morethan ever, you’re going to find institutionsz with their hands in their pockets, or they’re going to be charging a lot more,” Kaufma said.