Bankruptcy the Right Way

Restructure and emerge from bankruptcy as a viable competitor.
As the U.S. automotive crisis continues to unfold, many automotive suppliers teeter on the brink of bankruptcy, leaving creditors and shareholders at risk. Yet companies can survive Chapter 11 and emerge stronger and more profitable than before. One automotive supplier has already gone through the process, undergoing a major restructuring and emerging from Chapter 11 more profitable than projected. And its creditors recovered 100 percent of their loans. How did this supplier do it? With a complete top-to-bottom restructuring plan.