L&H 'living on borrowed time'

As troubled speech recognition company Lernout and Hauspie filed for Chapter 11 bankruptcy last week, banks estimated that the company can continue operating for only another two quarters, provided credit lines remain open.

As troubled speech recognition company Lernout and Hauspie (L&H) filed for Chapter 11 bankruptcy last week, banks estimated that the company can continue operating for only another two quarters, pr...

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