In this article, Brown Rudnick's Jim Hauser and Rebecca Alperin examine how the increase of recent bankruptcies are impacting companies and their pension plans. Hauser and Alperin assert that businesses of all sizes have begun to consider exactly what a bankruptcy filing would entail and whether it is their best option for restructuring their balance sheet or operations. Additionally they discuss what these filings would mean for the company's employees, and their retirement and pension plans.
