Investors wrangle over rules in bankruptcy filings

by Administrator 5. January 2010 03:14

Investors are exposed to significant risks when companies file for bankruptcy. In some cases, investors will purchase a company's debt in order to help reorganize the company and later make a profit on the investment. 

However, according to a Wall Street Jounal article, some investors are concerned about a provision known as Rule 2019. This provision requires creditors and investors to disclose the details of their investments. 

This provision acts as a disincentive for investors because they are unable to protect their investing information, which they often see as a competitive advantage. 

If you have a question about one of the many bankruptcy provisions, contact the Austin bankruptcy lawyers of Slater, Kennon, & Jameson, LLP, at 512-338-1100. 

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Austin bankruptcy attorney | Austin bankruptcy lawyer

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