"If a debtor needs longer than 18 months to fix the business, then to force it to file a plan, regardless of where the business is, is just plain arbitrary."--Alan Miller, senior counsel at law firm Weil, Gotshal & Manges and senior advisor at Chanin Capital Partners, about the new bankruptcy code.
"If a debtor needs longer than 18 months to fix the business, then to force it to file a plan, regardless of where the business is, is just plain arbitrary."
