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Further construction delays at the Vogtle nuclear power plant in Georgia could pose problems for Toshiba even if Westinghouse files for bankruptcy protection.
Business

Toshiba scrambles to stem further bleeding from Westinghouse

Chapter 11 bankruptcy filing would cap losses but present other risks

| Japan

TOKYO -- Toshiba is considering having subsidiary Westinghouse Electric file for Chapter 11 bankruptcy protection to limit liability for future cost overruns on long-delayed U.S. nuclear projects. Yet loan guarantees and potential compensation claims could still prove costly if progress remains slow.

Cutting losses

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