GLG News Analyses of the following article:U.S. jeweler Finlay cautions on liquidity position
view article
Published at: www.reuters.com
-
Finlay Bankruptcy Could Yield Low Recovery For Creditors
December 19, 2008
As Finlay cautions the market that it will likely default on its debt, creditors should brace for one of the most unusual and costly bankruptcies in recent times. Here's why.
Get Intelligently Connected
with the world's leading experts
GLG's 850+ Clients Include:
- More than 70% of the world's leading
- mutual funds
- 15 of the leading 20
- global banks
- 9 of the leading 10
- global private equity firms
- 5 of the leading 10
- AmLaw firms
- Fortune 500® Companies
- in nearly every industry sector, including pharmaceuticals, insurance, chemicals, energy and computer software