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The Club: The Dirty Side of Chapter 11 Bankruptcy

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Dealing with Serious Financial Challenges or Facing Chapter 11 Bankruptcy?

What the author has termed "The Club" is a group of insider bankers, judges, major creditors, lawyers, investors, competitors, and consultants. Because they are so familiar with the system and have strong relationships with each other, they can often steer things in their collective favor, and sometimes at the expense of others, including their own clients!

The Club has evolved from the structure and natural and innoce...