200 Quotes About Bankruptcy

The smartest or luckiest thing UAL did was stay in bankruptcy for three years. Had they rushed to confirm a plan, they would likely have needed a return visit to Chapter 11.

The reason they've been in bankruptcy for three years is because they couldn't get creditors on board, I think they're going to come out when they say they are this time.

We are not talking about a choice between this merger and the status quo, ... US Airways has been hemorrhaging money. If nothing happens, it is my judgment we'll see US Airways in bankruptcy or out of business in coming years.

The purveyors of state bankruptcy are at it again. This isn't a plan. This is a joke.

We know that we will have to make sacrifices but we're hoping the bankruptcy judge will perceive what a disproportionate sacrifice Delta is trying to wring from this group of working women -- most of them mothers who help support families.

At the end of the day when all this money is paid for legal fees the company will be forced into bankruptcy and nobody will get anything from Eel River Sawmills because the shares will be worthless.

Miller has clearly chosen bankruptcy over collective bargaining to restructure the company. Delphi is using a bankruptcy judge to begin moving in the direction of Chinese wages and benefits.

Because they (Delphi) have considerable leverage at a moment of bankruptcy is not the same as saying the UAW is out of the game.

There are so many fewer moral barriers to a bankruptcy of this scale.