TIP: Click on subject to list as thread! ANSI
echo: hs_modems
to: DAVID WEI
from: LAWRENCE MINTZ
date: 1997-03-23 23:11:00
subject: Reveal Modem Interna

 >  -=> Quoting Kenney Kittredge to David Wei <=-
 >  KK> Now I see... But my friend told me that Reveal MFG went down out of
 >  KK> business, chapter 11 bankrupy.
 >  Wonderful, they got what they deserved... BTW what
 > does chapter 11 means?
It is the chapter in the US Federal legal code which describes how a 
corporation can declare bankruptcy and use the legal system to protect itself 
from its creditors for a period of time while it tries to reorganize itself 
to return to profitibility.  There is another chapter in the legal code 
(chapter 7) which deals with companies that are bankrupt and see no way to 
ever return to profitibility and are therefore being liquidated and its 
assets distributed to its creditors.
Larry
--- RA/Pro 2.50
---------------
* Origin: Mintz BBS, Silver Spring, MD (1:109/493)

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