Though economic woes in the US have led such well-known companies as Bennigan's, Mrs. Fields, and Mervyns to file for bankruptcy, financial PR experts say that they are not currently dealing with more bankruptcy-related clients than usual.
Brunswick Group director Jennifer Lowney says that, in her agency's recent discussions with financial consultants, the number of bankruptcies appears to be lower than expected. This is partially due to the difficulty of filing for Chapter 11, which temporarily freezes an organization's debt ...