Since its founding, the company has undergone several restructurings.
In addition to meeting the payroll for its 14,500 employees, the company, which has undergone several restructurings, spent 89 million euros to service its debt.
Hedge funds have even grabbed stakes in supermarket tabloids like The National Enquirer and Star Magazine, as those companies have undergone rounds of restructurings.
Compounding the organizational issues facing MBE, parent company US Office Products has, over the past two years, undergone continual restructurings and has seen its stock plunge to a point where the company is being threatened with de-listing by NASDAQ.
Biden, the son of a car dealer and proud owner of a 1967 Chevrolet Corvette Stingray, said the industry revival also means good things for Detroit, which is undergoing the nation's largest municipal bankruptcy — four years after General Motors and Chrysler emerged from their own restructurings.
It is rare for employers to fire people undergoing cancer treatment — "companies know the rules," Mr. Boyajian of Dana-Farber said — but survivors may be more vulnerable later in cost-cuttings and restructurings, because they tend to be expensive employees and because illness has already sidelined them.
"This company has undergone one of the biggest restructurings I've ever seen in the last six months," said Peter Lovelock, an analyst at MadeforChina.com, a technology consulting company in Beijing.
But in recent years, as Mr. Greditor pointed out, the packaged-food giants have undergone extensive corporate restructurings in order to enhance shareholder values.
Since them, it's undergone two enormous restructurings.
Germany is making use of a new insolvency law to keep companies alive as they undergo badly needed restructuring without government help.
