Malaysia Airlines could opt for bankruptcy if multiple, costly lawsuits are filed in response to missing flight

If Malaysia Airlines chooses bankruptcy protection it would likely be a complex process

There is recent speculation Malaysia Airlines could end up in bankruptcy as a result of likely lawsuits from the families of passengers who were on the still-missing Flight 370.

But Charles Tabb, a national expert in U.S. bankruptcy law who is now a resident scholar at the American Bankruptcy Institute, suggested in a recent interview that there are many distinct factors that could make any potential bankruptcy proceeding in this situation unusual and complex.

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Ed Silverstein

Ed Silverstein is a veteran writer and editor for magazines, websites and newspapers. A graduate of Harvard's Kennedy School of Government, he has won several...

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