Educating Audiences Takes Priority in the Wake of Chapter 11 Filings

Though we have witnessed a slew of Chapter 11 filings over the
past few years, the stigma of bankruptcy remains relatively
unchanged. Many Americans - and more reporters than you think -
still consider bankruptcy a corporate death sentence. PR
practitioners managing bankruptcy communications walk a perilous
tightrope, balancing the need to educate stakeholders with the risk
of making promises the company can't keep.