Managing Environmental Risk with Bankruptcy

Marsh USA

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Published: 14-Nov- 2010 | Product Category: Environmental | Comments: 0

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During the 12 month period ending September 30th 2008, the rate of businesses filing for Chapter 11 Bankruptcy protection increased by 49% over the prior year according to the Administrative Office of the U.S. Courts. The current economic climate will put pressure on the balance sheets and cash-flow statements of even financially robust companies, and will shift and elevate the risk profile for environmental obligations.

Managing Environmental Risk with Bankruptcy

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