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Sandy Damage Could Spark Wave Of NJ Bankruptcies

By Martin Bricketto ( December 3, 2012, 4:28 PM EST) -- Lenders will likely cooperate with New Jersey businesses in distress following Superstorm Sandy, but the state's federal bankruptcy court could see a spike in filings if companies' insurance recoveries are less, or later, than they need, or if the hurricane eroded their margins beyond repair, experts said....

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