1. Big bankruptcy cases under way in Delaware involve Marvel Entertainment Group Inc., Camelot Music Inc. and FoxMeyer Drug Co., among others. 2. But in the choreographed world of Japanese business, however, there is always more to a big bankruptcy. 3. For years, judges and lawyers around the country groused that Delaware got more than its share of big corporate bankruptcy cases. 4. In addition, more Japanese business failures are expected, with the government indicating that it may take a more hands-off approach in big bankruptcies. 5. In the choreographed world of Japanese business, however, there is always more to a big bankruptcy than adverse market forces. 6. Nakano said he believed the ruling party was trying to position itself to avoid the fallout from a rash of big bankruptcies, not to stop them from happening. 7. The feared riot was avoided, but that was the last big bankruptcy in Sichuan Province. 8. To be sure, it is a normal part of any big bankruptcy process for creditors, lawyers, accountants and bankers to argue over fees. 9. Share prices also closed lower in Tokyo, in reaction to two big bankruptcies, and in Hong Kong, on profit-taking. 10. Shares prices also closed lower in Tokyo, in reaction to two big bankruptcies, and in Hong Kong, on profit-taking. |