Steven D. Usdin, a shareholder at Flaster Greenberg, and Nella M. Bloom, an associate at the firm, write that in Chapter 11 cases, unions can play an enormously important role, providing a moral compass to keep management in check or derailing a debtor's chances of successful reorganization.
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In Great Recession, What Is Union's Role in Company Reorganization?
New York Law Journal
September 28, 2012
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