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As an inefficient firm that files for Chapter 11 bankruptcy is allowed to continue operating in the same line of obviously unprofitable business before liquidation, operational and thus nonstrategic reorganization is offered to the firm as an alternative to potential default (Campbell 1996; White 1989); both equity holders and creditors prefer this unnatural closing alternative.
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The floating island and the remote nunnery function like Balzacian boarding houses, offering the novelist closed alternative worlds, tight with life.
The Johannesburg Star warned that by closing an "alternative, independent and credible voice, Mr Allawi is surely cementing perceptions that he is an American voice speaking Arabic".
IN THE winter of 1981, officials of the East Williston School District seriously considered closing the alternative School-Within-a-School at the Wheatley School.
But the success of Jarmusch and Lee and others prompted many people to jump in, precisely at a moment when theatres, pressed by home video and real-estate costs, were closing, and alternative sources of distribution weren't yet ready.
The closest alternative was a six-hour drive away.
The center is intended be a closer alternative to the assistance centers in Manhattan.
Getting to Virginia Beach in the summer months is a traffic nightmare; a closer alternative is Lake Anna in Spotsylvania County.
The main hospital, built to withstand earthquakes, had been rendered unusable, and the closest alternative was almost 90 miles away.
Zinc oxide (ZnO) is the closest alternative to TiO2 as the semiconductor material in a dye-sensitized solar cell (DSSC).
If you can't get hold of Somerset brandy, French calvados, which is also distilled from cider, is the closest alternative.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com