Companies Show Signs of Strain: Firms Coming Up Short in Analysis.
Los Angeles Business Journal › December 17, 2001
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Companies Show Signs of Strain: Firms Coming Up Short in Analysis.
TAKE a close look at the list of L.A. public companies on page 18. Most likely, some of them will not be around by this time next year.
Enron Corp. has stolen the headlines with its spectacular demise, but lesser-known companies have seen their share of troubles. Los Angeles County Chapter 11 bankruptcy filings surged 615 percent in October from September, mirroring a nationwide post-Sept. 11 trend. It's only going to get worse. "We've gotten more calls in the past three months for pre-insolvency advice than I have had in the past year," said Barry S. Glaser, a bankruptcy partner at Luce Forward Hamilton & Scripps in Los Angeles. A number of those ca...See the full content of this document
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