For Canadian companies teetering on the brink of bankruptcy, exploring whether they should file in both Canada and the U.S. is an increasingly relevant issue. So noted Marc Gineris, managing director in BT Alex. Brown’s West Coast restructuring group, based in San Francisco. On the group’s assignment roster is a Canadian company examining just that move-Crown Packaging, with roughly U.S.$200 million in long-term debt, divided among three tranches.
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