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Title : Some Changes Needed to Bankruptcy Laws/Courts
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Some Changes Needed to Bankruptcy Laws/Courts

Something occurred to me when reading about the Hertz car company failure.

We need to allow/require judges to negate any asset sales to foreign companies (perhaps multinational, as well). Has to be an American company. Otherwise, China and other countries will own us.

Could that change be a DOJ rule change? Or, other administrative, rather than legal, change? I don't know.

Any lawyers reading this? Please comment.

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