7 Businesses that Recovered after Bankruptcy
*DRAFT*
Filing bankruptcy doesn’t necessarily mean curtains for a company. Chapter 11 bankruptcy allows companies to revamp in order to again become successful. With the right restructuring strategy, companies can overcome and re-emerged from bankruptcy more profitable than they ever were before.
2001 – Imperial Sugar
2005 – Delta Air Lines
2009 – Six Flags
2009 – General Motors
2011 – American Airlines
2012 – Hostess
2012 – Kodak