The Securities and Exchange Commission has published an overview discussing what often happens in a bankruptcy of a public company. Written mainly for shareholders and bondholders, it contains a good general discussion of the topic.
Bob Eisenbach
Listed in The Best Lawyers in America® for Bankruptcy and Creditor-Debtor Rights Law, and recognized as one of Northern California’s Super Lawyers®, Bob focuses his practice on restructuring, bankruptcy, distressed M&A, and related litigation. He is regularly involved in cases throughout the country, including California, Delaware, and New York.