There is no immediate effect as a result of any bankruptcy filing, ... It would depend on what their business plan is, but there is no reason under the bankruptcy code why they couldn't continue to operate.

James Sprayregen

Related Quotes

It was a large, complex, lengthy case with many difficult issues that took long hours over nights, weekends and holidays by a large team from K&E ... at great sacrifice to many people's personal lives.

— James Sprayregen

[It would depend on the extent of Delta's cash crisis.] If liquidity were still insufficient, ... the company would have to take actions to deal with it.

— James Sprayregen

This is the cleanup. It doesn't close until every last $20 claim is resolved.

— James Sprayregen

As a result, that makes a place where financial institutions are willing to take risks that they would not take outside of bankruptcy,

— James Sprayregen

a series of ad hoc special-interest provisions put in that messed with the checks and balances of existing bankruptcy code in a negative way, in favor of a number of special-interest groups.

— James Sprayregen