EnvisoNet joined the increasing round of bankruptcy lawsuits. The case hinges o

Source

Mainebiz

Date

2-4-2002

Pages

1, 10-11

Abstract

EnvisoNet joined the increasing round of bankruptcy lawsuits. The case hinges on the precise financial condition of the company when its board of directors chose not to pursue a merger. There are different opinions as to whether bankruptcy laws hinder business, but many boards of directors can best be described as an "old boys' network getting together once a month." Details, related editorial.

Subjects

Bankruptcy, EnvisioNet Computer Services Inc

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