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Updated Financial Statements on Bankrupt Companies
Bankrupt publicly traded companies are not relieved of their SEC related financial reporting requirements. However, the SEC generally will accept the monthly reports a public company must file with the Bankruptcy Court in lieu of their quarterly and annual reports (Form 10-K and Form 10-Q) respectively. The company must file each monthly report with the SEC using Fom 8-K within 15 calendar days after the monthly report is due to the Bankruptcy Court.
Copyright 2010 by Michael C. Dennis