A number of weaker institutions were also consolicated through bankruptcy, merger and reorganization.

大多数疲软的机构也通过破产，合并和重组来联合。

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The law stipulates modes for company merger, dismantlement, bankruptcy, dissolution and liquidation.

该法规定了公司合并、分立、破产、解散和清算的方式。

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For some small unproductive mills, the reality is not merger but obsolescence and bankruptcy.

对一些效率低下的小厂而言，现实不是合并，而是可能被淘汰和破产。

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For Dewey, one value of the merger-and-bankruptcy plan would be to avoid a liquidation, which is an outcome that would make recovering accounts receivable and yet-unbilled legal time much more difficult, those familiar with the situation said.

WSJ: Storied Law Firm Dewey & LeBoeuf Pitches Plan for Rescue

Until the merger plan receives approval from the Justice Department and the judge hearing AMR's bankruptcy, which are expected in the third quarter, the two carriers officially remain competitors.

WSJ: American, US Airways Face Challenges in Integration

As U.S. equity markets and corporate balance sheets continue their remarkable comeback from the financial crisis that began in 2008, the recently announced merger between American Airlines and US Airways reminds us of the critical role that U.S. bankruptcy law, represented by Chapter 11 of the U.S. Bankruptcy Code, has played in the ongoing economic recovery.

FORBES: Big Deal: Reflections on the American and US Airways Megamerger