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Bankruptcy haven (access required)

Corporations find Richmond a welcome venue for debt relief

Good judges, good law­yers and a well-oiled legal system are prov­ing to be an attractive combination at the U.S. Bankrupt­cy Court in Richmond. Struggling corporations seeking sanc­tuary from creditors are coming to Rich­mond in greater numbers these days, passing by busier courts to the north, bankruptcy lawyers say. Lawyers say big business preference for a Virginia ...