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Franchise Times Quotes Robert Haupt on Chapter 11 Proceedings

9/1/2020

Partner Robert Haupt was quoted in the Franchise Times article, “Defining the unusual terms of Chapter 11 bankruptcy.” When asked why executives still receive bonuses when companies face bankruptcies, Robert said, “everything that happens in bankruptcy should be designed to benefit all the parties,” explaining that sometimes it is worth the payout to retain company management during a difficult season.