200 Quotes About Bankruptcy

  • Author Darryl Jenkins
  • Quote

    All the major airlines, Southwest excepted, will be in Chapter 11 bankruptcy sometime in the next five years, ... But for those already leaning on the edge, this makes it a very simple decision for them.

  • Tags
  • Share

  • Author Amy Kudwa
  • Quote

    There isn't any legacy carrier in the nation that can say with certainty that a bankruptcy filing is not possible.

  • Tags
  • Share

  • Author Darren Kimball
  • Quote

    A lot of companies that have not filed for bankruptcy may be close to a breaking point. The risks are very high right now.

  • Tags
  • Share

  • Author Rob Kulat
  • Quote

    This is good for the company. It provides for future funding and it gets us out of bankruptcy sooner than we anticipated. It will be a seamless transition.

  • Tags
  • Share

  • Author Jeff Lungren
  • Quote

    It is a push by bankruptcy opponents to try and delay the implementation, more so than a good-faith effort to help Katrina victims.

  • Tags
  • Share

  • Author Ken Lewis
  • Quote

    The impact of the change in bankruptcy laws and changes in our practices for overdraft charge-offs and over-limit credit card fees reduced pretax results by about $320 million. In addition, we had a weak trading quarter that was well under our performance in recent quarters. The bankruptcy issue will not recur and should actually benefit us going forward as we expect a reduced level of bankruptcy filings under the new law.

  • Tags
  • Share

  • Author Michael Linenberg
  • Quote

    We think the recent surge in fuel prices greatly increases the likelihood of a bankruptcy filing within the next two months.

  • Tags
  • Share

  • Author Michael Linenberg
  • Quote

    We think the probability of a Delta bankruptcy filing has grown, and we think investors should be mindful of Oct. 17, when more restrictive bankruptcy legislation becomes effective. That could be a key factor in a Delta deciding whether to file for Chapter 11 bankruptcy.

  • Tags
  • Share

  • Author Rod Lache
  • Quote

    We believe liquidity pressures, combined with a weak fundamental outlook could compel Dana to pursue debtor in possession financing and a Chapter 11 reorganization. Given restrictions on secured borrowing and pressure from its suppliers, Dana may not be successful in obtaining sufficient out of bankruptcy secured bank financing.

  • Tags
  • Share