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State bailout or state bankruptcy?

T
thedealvideo

14 Views • Feb 18, 2011

Description

While municipalities, or arms of states, are able to declare bankruptcy under Chapter 9, states don't have a similar mechanism; however, that should change, says Jonathan Henes, a partner at Kirkland & Ellis LLP.

Keywords & Tags

#Chapter #Jonathan #Henes #Kirkland #Ellis #Sara #Behunek #state #bankruptcy

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